Ethereum Fork ETHW Is Already Down 86% From Its All-Time High

According to the latest tracking, Ethereum Fork ETHW has dropped by 86% from its peak of Sept 3, at $58.54.

Ethereum Fork ETHS began this week with a drop of 31%, then continued to decrease by 86% on Friday from its ATH price on 3 Sept. After the Merge on 15 Septs, and completing its transition to Proof of Stake, miners launched their own EtherreumFPoW to keep their mining operations.

The sentiment around the long-lasting Merge pushed the price of Ethereum-related coins. However, all things have gone away just after the event. The entire market entered a prolonged hibernation. ETH is currently trading at $1,300, roughly decreasing by 15%.

The Ethereum Fork ETHW started its first month bumpy. Since launching, ETHW has suffered from technical issues. The ETHPow got off from its start when detectives discovered the already-in-used Chain ID for complete systems. Just a few days later, the chain continued to be attacked in the Omni bridge that exposed 200 ETHW.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Ken

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