Ethereum Turns Deflationary as XEN Crypto Degens Dive In

Written By futurewithcrypto.com

[{"selector":"#anim-27403810-466d-428e-a586-eaef580feb9e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c4f9670e-3951-48b6-9423-5d8a29d4d9f9","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ffc39faa-31bb-40b8-9991-bf031cf98aef","keyframes":{"transform":["translate3d(0px, 138.30409%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06f6c0d7-0161-4646-8944-c235fd3db286","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e8b340d-a011-4084-abb7-80be3a96f2e3","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] A brand-new project called XEN Crypto has taken up over half of Ethereum's block space, which is causing the community issuance to decline and fuel prices to increase. futurewithcrypto.com/

[{"selector":"#anim-5c29c5c6-4534-40c5-97c8-5580625a5e8a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f13538ce-739b-46ec-9df1-e5d3b49bfd31","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5703a6c4-476e-4ab8-86b7-9dfc92d600a7","keyframes":{"transform":["translate3d(0px, 170.64470%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-20d52abc-0944-4d2f-8ea8-031b9b07ed52","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62979c88-1f08-47ac-8d02-af24b8a5d193","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] As a result, from October 8 Ethereum supply has started declining. futurewithcrypto.com/

[{"selector":"#anim-c3cc5784-ce7b-4e96-96bf-908a8478a3d2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0c17cb21-3807-44de-b549-152e8d71f686","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-109be705-5a4d-4a33-b2c0-4908b5a21463","keyframes":{"transform":["translate3d(0px, 156.52641%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-900bbc70-8354-4494-8994-cd802eb6b61f","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2c5aa437-9cc1-449e-9480-44d4aa665b5a","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] More than 1,300 ETH worth around $1.7 million have been burned as a result of XEN Crypto in the last 24 hours. futurewithcrypto.com/

[{"selector":"#anim-3c73faec-93fe-42a9-bb92-875bbd63e0fe [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-73ee2315-428f-4ff1-8495-0c0e619e65f4","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64289893-cb01-41a2-91d5-72bb171bcf53","keyframes":{"transform":["translate3d(0px, 145.48616%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-853e5d3f-8059-4d6d-9074-e5e90d27aa85","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fd026961-072a-4ee4-a17e-9bc643705464","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Due exclusively to a coin called XEN, which has used up half of the Ethereum blockspace over the past day, ETH is once again experiencing deflation. futurewithcrypto.com/

[{"selector":"#anim-036e8777-ef41-4b5a-b924-1fc6aa651ad7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-1b6b2ccb-cc91-4c75-a0dc-cd0cdada7bad","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1468c040-76f4-466a-aff4-bb036cf57e85","keyframes":{"transform":["translate3d(0px, 137.64620%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81858940-d772-4819-872e-b0d80ed4ece8","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ddbbeedb-88ca-43c6-a42e-659530a01017","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] XEN is a project started by the "Fair Crypto Foundation," which has the support of Jack Levin, one of the original Google employees working on cloud infrastructure. futurewithcrypto.com/

[{"selector":"#anim-e1b1a42d-7699-4696-991d-27d2f520490a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9b85459e-177a-4124-a7ff-b988d516ba41","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5e8c9bf-e23b-4797-8028-e61cd7d82feb","keyframes":{"transform":["translate3d(0px, 156.52641%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d67ce83c-adce-404c-86f6-c659fb4290a5","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef35bc4f-182b-438c-b3ec-d13cd20daf17","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Since inception over the weekend, there have been 369,515 active miners, according to the XEN Network dashboard. futurewithcrypto.com/

[{"selector":"#anim-dcafe0d8-bb30-46c5-964c-14610fc41bc5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b854f276-c8e9-482f-9c4b-e2621ac57f62","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-46219754-a789-41c2-ab32-d470383f9d1e","keyframes":{"transform":["translate3d(0px, 179.28663%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f21e2cf-6ecd-4d2a-a0ba-54f34235e1b1","keyframes":{"opacity":[0,1]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6a8ed4ef-3ba2-4760-b993-c339affb7af1","keyframes":{"transform":["translate3d(0px, 193.86966%, 0)","translate3d(0px, 0px, 0)"]},"delay":2000,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] When XEN debuted, Ethereum's offer revealed a discount starting on October 8th. futurewithcrypto.com/

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