What will be the impact of the upcoming changes

Everything points to good times coming for the cryptocurrency market and Bitcoin,

At least that’s how Decrypto.la’s Ivan Tello analyzes it. “But also,” he says, “there are high risks for Uncertainty generated by the next Ethereum merger, What do we do with the weights? (A24), points out that “The last 90 days have been more than good for crypto. Many are up to 70%. Ethereum, for example, practically started at a low of $800 and climbed up to $2,000. The market is slowly starting to reverse the trend, thanks in large part to Ethereum taking a huge hit. In fact, it has risen much more than bitcoin at least in the last few weeks and some good opportunities are starting to emerge.

the expert refers Upcoming Ethereum Mergerannounced for the next September 15The date on which your mining system will change. This innovation will be responsible for the growth of other cryptocurrencies.

The performance of Bitcoin and other cryptocurrencies, in detail

Bitcoin“He didn’t realize what Ethereum did. However, He remains positive for the past 90 days after a 5% drop he had sufferedAlthough he remains within these limits, he has begun to show at least a firm grip on these values.

chiliso: “in August climbed 78 percent. Indeed, it is the platform through which clubs can obtain their fan tokens. really, The Argentina national team has direct links with all clubs and mainly with the World Cup in Qatar.

Matic: “It increased for a 25%, It deals with smart contracts. And, fearing what is happening to Ethereum, many people are starting to move their smart contracts to other options within Ethereum. It increased its value from $0.32 to over $1 in just 90 days. »

Cryptocurrency and bitcoin: what will be the impact of the upcoming changes

Ethereum: “The changes announced for this month are good and bad. When talking about cryptocurrencies, immutability stands out as its fundamental premise, that is, it does not change the rules of the game while you are playing. However, this is the second time in its history that will change its entire monetary theory. The merger will change the mining system to make it more environmentally friendly, it will improve the emissions system to make it deflationary, but it also has a negative consequence. Tello warned.

“Miners may not support this and a fork will occur, a split of the original chain into two ethereums like this. This already happened in 2016. During the last fork, Ethereum Classic emerged. This version is still commercially available today; Whoever had Ethereum in 2016 had two by July 20Yes from a series that has continued and a classic. This is how the fork suddenly ended up with the two currencies with different quotes,” explained the co-founder of Decrypto.la.

Cryptocurrency and bitcoin: what will be the impact of the upcoming changes

“That’s why investors saw a great opportunity and started buying in large quantities. Today, the classics have developed further in search of alternatives to smart contracts. Everyone who holds NFTs by September 15 will have 2, which will have virtual $1 for a chain, will have $2, so this change is a social experiment that could go exceptionally well or lead to a huge debacle. East. For this reason, investors are starting to migrate to other smart contract processing coins.Tello concluded.

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