EthereumPow (ETHW)
Building on the momentum of Tectum, EthereumPoW is also seeing significant gains. The price of ETHW surged by 10.75% over the last 24 hours, reaching $3.27 today. As a result, this sharp rise puts ETHW squarely on the radar of traders and investors alike.
EthereumPoW emerged as a hard fork of Ethereum during the Ethereum Merge. While Ethereum transitioned to proof-of-stake, ETHW retained the original proof-of-work consensus. This fork allows developers to build on either chain or duplicate DApps and liquidity from Ethereum to EthereumPoW. Essentially, it creates a parallel Ethereum network for those who prefer the proof-of-work model.
Additionally, when it comes to security, ETHW sticks to Ethereum’s tried-and-true proof-of-work mechanism. This offers both familiarity and reliability for miners and developers who supported Ethereum before the Merge.
In terms of short-term performance, ETHW shows strength. It posted 18 positive trading days out of the last 30, representing 60% of the time. Moreover, its 14-day RSI sits at 49.99, indicating a neutral trend.
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed #SECAppealRipple #Write2Earn! #BecomeCreator $EIGEN