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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.

Ethereum Fork ETHW

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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