Seems like EIP 1559 is affecting price in crypto in a big way

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Seems like EIP 1559 is affecting price in crypto in a big way

The hype is here for mined coins.

Ergo is now trading at $8.30 (+36%), RVN is at $.08 (+16%), ETH is up to 2,740 (+4.4%).

Seems like a trend is starting. Raven's market cap is up 75% in 24 hours. Even as I write this out, the price is climbing higher and higher. $8.28 when I started writing, I go let my dog out to potty and feed her and when I got back it climbed to $8.34. This is fantastic numbers by all means. This is getting a receiving and sending option on Crypto.com or Coinbase type market actions. Hell, I'll even take Shapeshift or Kraken. I think significant trading in Texas will start soon. If the profitability keeps climbing, they wont be able to ignore RVN for very long. I just wanted to make an optimistic post for everyone. The uptrend seems to be here.

Side note: ERGO taking the number 1 spot in profitability for mining is a very big deal for that coin. That's the kind of move that gets it listed on exchanges. Their market cap has doubled since EIP 1559 was rolled out. This is likely to get them noticed by more exchanges as well.

submitted by /u/HaveNoFearow
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