Crypto.com Adds Transaction Support for New Forked EthereumPoW (ETHW) Token and Web3 Lifestyle Alternative
Singapore-based digital asset exchange Crypto.com is rolling out support for the recently forked Ethereum (ETH) proof-of-work token and a Web3 lifestyle altcoin.
The exchange's customers can now trade EthereumPoW (ETHW), which is intended to operate in the same manner as Ethereum before consolidation, existing on a proof-of-work blockchain.
ETHW is trading at $6.26 at press time. The new crypto asset is down 32.5% in the past seven days.
EthereumPoW fell from trading around $8 on Sunday to as low as $4.17 at some point on Monday after blockchain security firm BlockSec reported that the project is dealing with a massive… mining service.
Crypto.com also lists STEPN (GMT), a blockchain-based fitness and lifestyle app from Web3. The project is a "move to win" game that rewards users with in-game currency for walking, jogging, or jogging. Game currency can be cashed for profit.
STEPN, which launched in early March, saw massive growth until stalled momentum began in late May.
The project's native token, GMT, is trading at $0.638139 at press time. The 101st-ranked crypto asset by market capitalization is up more than 6.6% in the past 24 hours, but has fallen by nearly 4.7% in the last week. It also remains 84% below its all-time high of $4.11, which it reached at the end of April.
Sep 24, 2022