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Ethereummerge

ETH The Ethereum Merge | What Could Possibly Go Wrong?Grayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum: The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable. Token and stablecoin holders might panic and start liquidating their holdings. MakerDAO (MKR) said that the Ethereum Merge could lead to perpetual contract backwardation and negative funding. Backwardation and negative funding refer to a market situation where futures prices are lower than the expected spot prices. The launch could trigger selling pressure across chains existing on proof-of-work. Ethereum network’s security and performance could be negatively impacted by the upcoming upgrade. If you haven`t sold ETH Ethereum here: Then in my opinion the price target for it is $1160. Looking forward to read your opinion about it.
Short
by TopgOptions
2
Conflux gonna shine in the future! As BINANCE:ETHUSDT 2.0 merge is around the corner, most of the miners are forced to find other PoW coins such as ETC, Zcoin and also CFX. Due to the changing of Ethereum from PoW to PoS, those PoW coins will easily get pumped. And now, I would like to introduce a real Ethereum killer, Conflux. For your information, the TPS of CFX is around 6400, which is the highest in cryptocurrency (ETH is currently at 16TPS). As Conflux's ecosystem is compatible with solidity language programming, therefore those Ethereum projects can easily move to Conflux and build on it. Thirdly, CFX is the only accepted blockchain by the China Government (you can imagine that 1.4billion of their people start to use Conflux). And most of the digital collections are using Conflux too, famous singer like Jay Chou is selling their digital collections using Conflux blockchain. The only disadvantage for Conflux is they are bad at marketing, not the same as, BINANCE:ADAUSDT which are good at advertising their blockchain updates through social media. Thus, it might take time for Conflux to be famous. But if one day everyone knows about this project with their high blockchain technology, it will easily pump to 1000x or more. But all of this is just my personal views, not financial advice. And as it is a China project, so it might be highly controlled, This is contrary to the idea of ​​​​cryptocurrency, therefore it might not be favored by some of the crypto investors.
Long
by WQ927
2