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EthereumPoW (ETHW) Price Prediction 2023, 2025, 2030
Does it interest you to know the EthereumPoW (ETHW) price prediction? For most people, the answer is yes! So, without further ado, in this article we’ll dive into the latest EthereumPoW price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment.
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Before getting deeper into the ETHW price prediction and discussing numbers that might get you bored for no reason at all, let’s have a look at the basic introduction of this currency.
EthereumPoW (ETHW) Overview
Cryptocurrency | EthereumPoW |
Ticker Symbol | ETHW |
Rank | 131 |
Price | $2.08 |
Price Change 24H | +0.20% |
Market Cap | $224,931,752 |
Circulating Supply | 107,818,999 ETHW |
Trading Volume | $24,276,357 |
All Time High | $141.36 |
All Time Low | $1.27 |
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What is EthereumPoW?
PoW Ethereum or ETHW is a forked version of the Ethereum blockchain created by a Chinese miner before the Merge of the execution and consensus layers.
The long-awaited “The Merge” upgrade for Ethereum reduced the requirement for miners. It replaced them with validators who stake Ether rather than using costly and energy-intensive devices to secure the network, significantly increasing the cryptocurrency’s energy efficiency. However, ahead of the Merge, a hard fork of the Ethereum network, called ETHW, which still uses the PoW consensus mechanism, was created, leading to a triumph for ETH miners.
But who is behind ETHW? Chinese miner Chandler Guo opposed the PoS consensus method and launched the PoW-based Ethereum blockchain. Although creating the PoW Ethereum chain could be a victory for miners over stakers, ETHW users suffered accessibility issues.
The chain ID that ETHPoW used is 10001, but it was already in use by a Bitcoin Cash testnet. As a result, the MetaMask cryptocurrency wallet users faced issues as the Chain ID, acting as an identifier, could not differentiate between two separate blockchains.
Chain IDs can be chosen at will because there is no central repository or registry, but pre-hard fork testing would have found the contradiction, whereas the team behind ETHW ignored the issue. Despite this, crypto exchanges like Binance and Coinbase showed support for ETHW. For instance, Binance announced its ETHW mining pool, stating that it will be subject to the same review process as other cryptocurrencies.
How Does EthereumPoW Work?
The initial version of the Ethereum network (i.e., Ethereum Classic) was based on the PoW consensus method. However, this version was hard forked to secure the network due to the DAO hack. EthereumFair and EthereumPOW are the other two hard forks of the original Ethereum blockchain that will continue to use proof-of-work mining.
Proof-of-work cryptocurrencies like Bitcoin are promoted as a censorship-resistant, trustless type of digital money created after one person or a small group of people solve a mathematical puzzle and propose a new block. However, to prevent any small group of miners from enacting rules that would weaken the resistance to censorship, many non-colluding miners must be processing transactions.
Similarly, to stop anyone from abusing the system, ETHW miners will also continue to solve arbitrary mathematical challenges to validate transactions and mine new tokens. In return, they will be rewarded with ETHW, the native asset to the ETHPoW chain.
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Current EthereumPoW Price
At the time of writing, EthereumPoW is trading at $2.08 with a market capitalization of $224,931,752, ranking #131 amongst all cryptocurrencies by that metric. In the past 24 hours, the ETHW coin price has increased by 0.20% with a trading volume of $24,276,357.
The current price level means that has risen by 19.6% in the past fortnight. Now let’s move on to the ETHW price prediction for 2023 and beyond.
ETHW Price Prediction 2023, 2025, 2030
We’ve covered most of the important things you need to know about EthereumPoW before considering its price prediction. If you are really interested in investing in the coin, this is the time to be more attentive. Do note, however, that predictions are not a substitute for your own research and due diligence.
Below pulls together our EthereumPoW price prediction for 2023, 2025 and 2030, ensuring you have a rough idea of the coin’s future value potential:
YEAR | MINIMUM PRICE | MAXIMUM PRICE |
2023 | $2.41 | $2.78 |
2025 | $5.24 | $6.27 |
2030 | $14.86 | $16.21 |
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EthereumPoW Price Prediction 2023
If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, EthereumPoW might see impressive growth throughout 2023.
As per our EthereumPoW price prediction 2023, EthereumPoW is expected to reach a possible high of $2.78 by the end of 2023. On the flip side, if the project fails to commit to its expectations, the price might slip down to $2.41, with an average price of $2.48.
EthereumPoW Price Prediction 2025
EthereumPoW looks positioned to reach its potential in the coming years. If EthereumPoW manages to attract investors and whalestats with its developmental and community-building initiatives, ETHW coin price might experience a significant increase in 2025.
Our EthereumPoW price prediction 2025 forecasts that at the very highest, EthereumPoW price may reach $6.27 by 2025. The minimum price could be $5.24, with an average price of $5.41.
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EthereumPoW Price Prediction 2030
The EthereumPoW ecosystem is actively growing with new users and may remain viable in the long term. Our EthereumPoW price prediction 2030 forecasts that EthereumPoW is expected to trade between $14.86 and $16.21 in 2030.
However, please know the forecast figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.
Where Can I Buy EthereumPoW (ETHW)?
Notable options for purchasing EthereumPoW include KuCoin, BTCC and Kraken. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of ETHW. BTCC is available in U.S., Canada and many other countries in Europe with no regulatory concerns. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.
Buying ETHW on BTCC is simple. Check here to create an account on BTCC and choose to purchase ETHW with USDT and a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps.
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.
BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.
With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.
Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 150x.
Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading ETHW now.
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