What the fork? Ethereum's potential forked ETHW token is trading under $100

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What the fork? Ethereum's potential forked ETHW token is trading under $100
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Getting in early or too big of a risk? An Ethereum fork token that does not yet exist, dubbed ETHW, is trading under $100 across several crypto exchanges after debuting at $30.

ETC/USD daily price chart. Source: TradingView

Meanwhile, a non-difficulty bomb version of ETHW could grab 2%–10% of Ethereum's market capitalization, said Kevin Zhou, the co-founder of Galois Capital, a crypto hedge fund. He explains that Ethereum could split into at least three chains after the Merge: ETHW , ETHW and ETHS.’s Kevin Zhou thinks there will be at least *three* forks and discusses why he thinks the POW chain will maintain a “decent amount of the market cap.”

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