Author

Topic: Ethereum's Shapella Upgrade now live: Price Increased rather than Fell (Read 37 times)

legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
Besides the launch of Shanghai and Capella upgrades of ethereum. Consensys release a free nft mint to celebrate its launch.

https://twitter.com/ConsenSys/status/1646679833605226498?t=84uGPwDUXyouFTmY6vDH-w&s=19

48hrs from the post it would end. I believe this is worth a go considering nft possible hype might be also a criteria for possible airdrop that might occur. Who knows. Since its free anyone could just mint it. No harm in doing, like what Aptos airdrop to some of the holder of their free nft mint as well.
sr. member
Activity: 2366
Merit: 366
Finally, the Shanghai and Capella upgrades of Ethereum, together called Shapella, are now live. It activated on April 12. The fears of many that the price might nosedive following the upgrade, considering that it means those staked ETH could now be withdrawn from the Beacon Chain,
are now allayed.

There were worries and debates as to what will happen to the price of ETH as soon as the Beacon Chain withdrawal is activated. Those who worried and believed that a dump will happen are now proven wrong. Not only did the price of ETH remain stable, it rose and even broke $2,000.

Although it helped that there is a daily withdrawal limit to staked ETH, the confidence that Shapella provided to the entire community proved to be a lot stronger.
Jump to: