As exchanges gear up for Merge, is there a new token on the way

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The Ethereum [ETH] Merge scheduled for next month is arguably the hottest topic in the crypto industry right now. Investors, institutions, and even regulators are expected to keep a close eye on ETH. This is due to the expected transition to the energy-efficient proof-of-stake (PoS) model. Exchanges gearing up Crypto exchanges including Coinbase, Binance, Uniswap, […]

scheduled for next month is arguably the hottest topic in the crypto industry right now. Investors, institutions, and even regulators are expected to keep a close eye on ETH. This is due to the expected transition to the energy-efficient proof-of-stake model.Crypto exchanges including Coinbase, Binance, Uniswap, and Crypto.com have demonstrated their support for the much-anticipated Merge.

The faction is mostly made up of ETH miners. Miners risk losing their investments in expensive mining equipment. Furthermore, the update would render their business model useless. Thus, miners are in anticipation of a hardfork. Binance further clarified that in the event of a fork, the ETH ticker will be reserved for Ethereum PoS. It also added that “withdrawals for the forked token will be supported.”🔄 The gap between

 

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