#ETHW #ETC Forked coins, new currencies created due to differences, are destined to have no future, and there is only speculation and hype.

The reason is very simple. When Bitcoin forks, do retail investors trust Bitcoin or its forked coins more? When Ethereum forks, do retail investors trust Vitalik Buterin or Pao Erye more? Although it has no actual value, it still has the value of speculation, because it is easy to tell stories and is suitable for playing the emotional card.

Conclusion first: ETC two stars, ETHW three stars.

1. ETC

First of all, we must first understand the difference between Ethereum (ETH), Ethereum Classic (ETC) and Ethereum W (ETHW). Let me give you an example. There is a snake called Ethereum. It has to shed its skin as it grows. It shed its skin for the first time in 2016, and this skin is ETC. It shed its skin again in 2022, and it is ETHW. Why does it need to shed its skin? Because it needs to develop, otherwise it will not be able to keep up with the times. Every change will lead to differences of opinion, and differences will lead to forked coins.

Well, let's take a look at ETC first, with a market value of 3.78 billion, market ranking: 26, an issuance of 210 million, and a circulation of 70%. The market value is relatively high, and the space above the market value is estimated to be around 12 billion, which means that it is difficult for this coin to have a good increase. Because ETC is a mining coin after all, the purpose of pulling the price is to sell mining machines. It will be enough to pull it up several times to attract attention. Once the machine is sold, it will not clean up the battlefield, and it is inevitable to leave a mess. It is only suitable for following the market in the short term of the bull market. It tests the ability to obtain personal information and control the market, so be cautious in speculation.

Forked coins are basically worthless. Any big V who calls for forked coins does so because he himself owns a large amount of the currency. Any claim that forked coins will surpass the original coins is hype because it is impossible for them to surpass the original coins. Their only value is to be used for speculation, and the essence of speculation is to gain short-term benefits while losing long-term value.

ETHW

ETHW is a forked coin generated in the process of Ethereum's transition from the POW protocol to the POS protocol. It completely copies the original Ethereum data and code, which is the old version of Ethereum.

With a TVL of 550,000, there are several dapps on the chain that are probably used for testing, and the locked amount is still a few dollars or tens of dollars. Although ETC has basically no actual value, it is still very easy to narrate, hype sentiment, and play the emotional card. If you enter the market now, it is an ambush in advance. Since it is an ambush, there are two results. If you guess wrong, you will miss the bull market; if you guess right, if the dealer enters the market to hype, it may pull up the market instantly. But again, there are so many better options, why should I take the risk to pay attention to it? There is only one answer, that is, I have been trapped.

The market value is 400 million. With the recent recovery in popularity, the upward space is about 2 billion to 4 billion, which is a reasonable range. Market ranking: 134th, with an issuance volume of 100 million and 100% circulation, which is quite good.

Like ETC, it is only suitable for speculation and has no value in itself. TVL: 160,000.

This coin is basically ordered by Bao Erye, because he has at least 1 million to 2 million ETHW in his hands. The logic of the order is that if the price goes up, someone will buy it, retail investors will buy, and big investors will sell it. But it does not mean that there is no need to enter the market. After all, it is still popular, and the story is very easy to tell. There is still a chance to get some benefits by following it, but it also tests personal experience, because if you enter the market when it becomes the focus again, you will be a leek, and you can't blame others.

To sum up, forked coins are an unpopular track with no value and can only be used for speculation, which carries a high risk.

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