Ethereum fork ETHPOW (ETHW), which can be mined after Ethereum Merge, has started trading on many exchanges.
The long-awaited Merge update on Ethereum took place this morning. ETHW, the mining fork of Ethereum, released for miners, started trading on some of the major exchanges today.
ETHW, at the time of writing FTX, Bybit, MEXC Global, Gate.io, Poloniex and Phemex traded on such exchanges. The token, which has been traded on MEXC and Gate.io for about 1 month, experienced a short-term rise after Merge. ETHW, which started trading on Gate.io on August 8, up to 150 dollars had risen.
ETHW, which started trading on the crypto money exchange FTX around 11.35 TSI, for $31 after rising to 23 dollars decreased to levels. In Bybit, ETHW 40 dollars seems to have risen to levels. In some exchanges, ETHW for 60 dollars experienced a rise.
The project does not have a specific supply yet. It is expected that both its supply will be determined soon and it will move to the mainnet of ETHW.
According to CoinGecko data, ETHW is trading at $25.16.