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DeepNewz, mobile.
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Ethereum's supply is decreasing as transaction fee burns surpass new ETH creation, making it scarcer and more valuable. Over the past year, 294,000 ETH has been burned, equivalent to $1 billion at current prices. This deflationary trend contrasts with Bitcoin's inflationary increase.
Ethereum gas fees are becoming outrageous, crypto is no more for the poor or pre-rich, lol
Ethereum $ETH supply is shrinking. 👀 https://t.co/UV1xAUZXrV
Feel the burnnnnn ❤️🔥 Over the last year, ETH supply on March 1st, 2023 was 120,492,281 1 year later, the ETH supply is 120,197,602 A decrease of 294,000 ETH At current ETH prices that means $1 billion of ETH has been burned 🔥 #ultrasoundmoney 🦇🔊 https://t.co/qK8BZMJL2k
