Chandler Guo; In the Next Decade, ETHW Will Outperform Ethereum (ETH)

Estimated read time 3 min read
  • According to Chandler Guo, in the next 10 years, Proof-of-Work ETHW will have the same USD value as Proof-of-Stake ETH.
  • He adds that ETHW has a lot of catching up to do before the 100x parameter is met.

The Ethereum merge brought in plentiful impressions from different individuals as it transformed into a Proof of Stake consensus.  Chandler did not receive the news well as he was one of Ethereum’s miners. The former Bitcoin and Ethereum miner self-appointed himself to launch a campaign against Ethereum’s transition to PoS. He was advocating for miners who will be left with expensive rigs as the merged Ethereum didn’t require miners anymore.

Chandler’s struggles brought to existence a harfork of Ethereum-ETHW. In a recent interview with a news outlet, Chandler Guo, the agitator of Ethereum hardfork, ETHW resolutely said that in the next decade, Proof-of-Work ETHW will have the same USD value as Proof-of-Stake ETH. Guo has huge expectations of ETHW growing 100x.

In spite of ETHW trading at $6.10, a mere 4.31% of its ATH $141.36 made a month ago, Chandler continues to say that ETHW is very cheap and the leeway of the coin going  a100x is very broad. In support of his affirmations, he adds that ETHW has a lot of catching up to do before the centuplicate parameter is met. He elucidated;

Currently, Ethereum’s price is high because there are many developers and over 200 different projects running on top of the Ethereum PoS [proof-of-stake] blockchain. On the other hand, there are less than 10 projects on the ETHW.

To substantiate his words and truly show that ETH PoW is genuinely working to match energies with the Second largest cryptocurrency, Guo added that in a time frame of just four days post-merge “ ETHW chain already has two DEXs [decentralized exchanges], two bridges, and two NFT [non-fungible token] exchanges already launched.”

Additionally  “Things are happening step-by-step and after one year I think there will be over 100 projects running on top of the PoW chain.”

The hardfork network has seen major improvements not just in the launch of exchanges and bridges but also in the daily trading volume which has risen significantly. Chandler disagrees with the data running on Coinmarketcap which states that ETHW’s daily traded volume was swaying above $100 million. According to Chandler’s claims, ETHW’s daily traded volume is closer to $1 billion.

According to Chandler Guo;

“[Already] the trading volume of ETHW is huge. Today it’s almost a billion dollars. [As of today] ETHW [is] supported by more than 20 mining pools, and 2000 miners from around the world. More than 30 exchanges have listed ETHW,”

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