Ethereum network fees skyrocketed tenfold on November 8. This, paired with the ongoing crypto market crash, has triggered a decrease in the coin’s price to below the $1,200 level. The prices of other tokens have also declined sharply over the past 24 hours. On the other hand, this has caused a massive burning of $ETH supply, reaching it’s most deflationary point since the merge.
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#ethereum #crypto #bitcoin
~Ethereum Supply Crash + 10X Gas Fees | $ETH Deflation Begins!~
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24 Comments
Buy XRP
Gas Fees has always been the problem to me when it comes to ETH. I do not know yet. It's just getting rough but hopefully it will recover.
James from invest answers isnt that bright, i wouldnt talk to him about Solona.
Matic
That's odd, I was trying to figure out which cryptos to swap fiat into for this silly emotional crashed based on either that Library case, the FTX exchange crash or the mid terms. The market will rebound quick but I know this supply shock will spark a bull run. Eth and XRP seems like the ones to accumulate, hell even Doge and BTC.
I have no trust in ETH; Hinman, Gary and XRPvSEC case ruined it. I don't care where it goes, I won't invest
Plus ETH is too expensive and inefficient. My other cryptocurrencies are far better, faster, cheaper to move
ADA takeover!
I already got rid of all my FTT and SOL
FTX has ties with Exodus wallet. I wonder how much impact Exodus users will experience?
Bitcoin is still 500 % up from 4 years ago.
MATIC .. just bought a ton of it
All of the crypto market sucks and you people say this one's better that one's better this exchange that exchange it's over with folks And these clowns with these YouTube channels are gonna click bait until they can make another check
Yesssssss Eth to the moon baby 🌙
Ada time to shine
I moved all my eth to meta mask down loaded from google play and it was corrupt. All my eth instantly disappeared to another wallet !!
How did this happen ! Be aware what you down load i guess
Using both Trezor & Ledger, no soft wallets.
God knows why ppl accept eth and it’s total rip off fees, that reason alone I’ll never ever touch it…not with a ten foot pole. Better options out there baby.
50 bucks fee. 😂😂😂
Anyone use the Arculus cold storage??
Between that and ledger which is the better of the 2
fight or flight
Controlled demolition!| Get your wallets ready to go shopping if ETH goes sub 1k
Getting more ETH these days
Please do analysis of SXP Solar, ex Swipe. Thank you.