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Crypto.com Adds Trading Support for Newly Forked EthereumPoW (ETHW) Token and Web3 Lifestyle Altcoin

Crypto.com Adds Trading Support for Newly Forked EthereumPoW (ETHW) Token and Web3 Lifestyle Altcoin

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Singapore-based digital asset exchange Crypto.com is rolling out support for the recently forked Ethereum (ETH) proof-of-concept token and one Web3 lifestyle altcoin.

Customers of the exchange can now trade EthereumPoW (ETHW), which aims to function similarly to the pre-merger Ethereum that existed on the proof-of-work blockchain.

ETHW was trading at $6.26 at the time of writing. The new crypto asset is down 32.5% in the past seven days.

EthereumPoW fell from $8.00 on Sunday to a low of $4.17 on Monday after blockchain security company BlockSec. reported the project dealt with exploitation.

Crypto.com also listed STEPN (GMT), a Web3 blockchain-based fitness and lifestyle app. The project is a “move to earn” game that rewards users for walking, jogging or running with in-game currency. In-game currency can be redeemed for profit.

Launched at the beginning of March, STEPN experienced massive growth until the momentum stopped around the end of May.

The project’s initial token, GMT, is trading at $0.638139 at the time of writing. The 101st-ranked crypto asset by market capitalization is up more than 6.6% over the past 24 hours, but down nearly 4.7% over the past week. It’s also still more than 84% off its all-time high of $4.11 reached in late April.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that transfers and trades are at your own risk, and any losses are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, and The Daily Hodl is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/Pattern Trends



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