Post
Topic
Board Altcoin Discussion
Re: A new bull market Chance for the Ethereum EIP_1559?
by
Hypnosis00
on 06/08/2021, 23:12:00 UTC
Ethereum will be upgraded in a few hours. Will the 1559 fee structure change drive the Ethereum bull market?

Because of changes in gas fees, what other investment opportunities are there in the market?

I think Defi, NFT and prediction market sectors, which frequently use the Ethereum network, will have new highs.

Defi: COMP AAVE
NFT: AXS MANA
Forecast: X-predict REP
I hope so but I'm not in the after of the price to move high and turn bullish, what I'm looking for is that if this upgrade will become the solution to the high fees that we suffered for several months. Because in the first place, ETH price will rise as well when the Bitcoin will pump and much have the chance to get back those investors and traders when high fees will be cut and lowered down.

Anyway, I don't just draw a conclusion, for now, we have to wait until this upgrade will be done and let us see what will have its impact.