#ETH🔥🔥🔥🔥🔥🔥
ETH (Ether) is the native cryptocurrency of the Ethereum blockchain. Here's a quick overview:
Symbol: ETH
Platform: Ethereum (second-largest blockchain after Bitcoin by market cap)
Purpose:
Used to pay for transaction fees (gas) on the Ethereum network
Acts as a store of value and medium of exchange
Required to deploy and interact with smart contracts and decentralized apps (dApps)
Consensus Mechanism: Proof of Stake (since the Merge in 2022)
Supply: No fixed max supply, but ETH can become deflationary due to token burns from EIP-1559
Would you like info on how to buy ETH, current price trends, or its future potential?