30 Days Without New Ethereum Network Celebrates First Deflationary Month HEAD TOPICS

30 Days Without New Ethereum Network Celebrates First Deflationary Month

10/21/2022 4:15:00 PM

$ETH is deflationary for a month now as it passes issuance peak

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U Today

$ETH is deflationary for a month now as it passes issuance peak Ethereum reaches its goal but still has troublesome performance on market Network usage and revenue are the only things that matter in terms of ETH's price on the market. The high burning rate and deflation would act as secondary factors. Some anti-PoS influencers believe that Ethereum's deflation is a negative factor that will cause problems for users interacting with the network and potentially increase usage costs, mostly because of price surges. However, the price performance of Ether today remains neutral. The second biggestcryptocurrency has not gained or lost any of its value in the last few weeks. The volatility on Ether remains at an extremely low level despite the recovery of the altcoin market we saw recently. Read more:
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