Additionally, the proprietor Richard Heart was not satisfied to have made a fabulous entry into the crypto world, so he is literally forking ALL of the ENTIRE Ethereum Network on a Proof of Stake model that will have have significantly lower gas fees. Take that in. It's an insane sentence - and there's more.
He's not just forking Ethereum, but copying the current network state, including all of its assets, onto the new network Pulsechain.
And of course, the Pulsechain network will have its own coin, Pulse.
Now for the craziest part, all the coins you own on the ERC network will be duplicated - so you will own twice as much. And you'll be able to trade it. See here, under "Bridging"
I think. Do your own due diligence. That is my understanding.
If that's true, then there's almost no way that every single person in the crypto world won't sign up to receive their duplicate coins. That immediate supply could send prices lower for a short time (or longer)... particularly if everyone sells their brand new minted money. But I don't think they will. And they will very likely be taking part in Pulse and Pulsechain.
And this news will rock the entire cryptosphere. The spike today was long overdue, and the daily RSI reached peak oversold a few days ago so we expected it... but there is also news that Pulsechain may launch as soon as November, so time may be very limited to get Hex - the only asset available now (can't buy Pulse yet) that is a part of this game-changing activity.
And the chart looks fabulous (at least as long as TradingView doesn't break my hard work).
Best of luck.
This is not financial advice, it is a hope and a prayer for a better world starting today, and every day we wake up. Here's to breathing.
Trade active
Really good looking count so far... didn't go as high as I wanted on the 1st wave, but it is clearly an impulsive structure and the retrace also looks corrective. I will be buying more at the 62%, approximately .20, or on an impulsive move over .28.
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