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In volatile cryptocurrency markets, it is important to do your own research on a coin or token to determine if it is a good fit for your investment portfolio. Whether the EMAX token is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors. Keep in mind that past performance is no guarantee of future returns. And never invest money that you cannot afford to lose. Emax crypto news Similar to Bitcoin, the Ethereum Classic network's max supply is around 210 million. As of writing, the current market cap for ETC is $9.5 billion. With this, ETC is likely to experience higher volatility as an investment vehicle.
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Is Ethereum a security under US law?
While The Merge was eagerly anticipated by many developers and holders, that was not necessarily the case when it came to ETH miners. These people were going to lose out on a big slice of their income, so some miners teamed up to create a proof-of-work version of ether called ethereumPoW (ETHW). Read More The digital coin's creators — Steve Gentile of Connecticut and Giovanni Perone of Florida — then sold their holdings of EthereumMax "for substantial profits," according to the suit. Gentile and Perone "marketed the EMAX tokens to investors so that they could sell their portion of the float for a profit," the lawsuit states.