3 reasons why Ethereum PoW hard fork tokens won’t gain traction

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3 reasons why Ethereum PoW hard fork tokens won’t gain traction
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  • 📰 Cointelegraph
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Wondering about potential Ethereum hard fork tokens? They might be DOA unless something drastic changes.

) is the second largest crypto by market capitalization and the absolute leader in decentralized applications by deposits. Becoming a victim of its own success, the network experienced a fee hike in November 2021 when the average transaction costs surpassed $50.

Investors were partially excited about the reduced issuing schedule and likely a transition to a deflationary scenario, but there's also the expectation of upcoming forks. As a result, hard-forked coins may be awarded to Ether holders on different blockchains, even though there's no guarantee those will find traction or sufficient liquidity.

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