Ethereum-based Hex’s (eHEX) market capitalization plummeted by more than $1 billion after Richard Heart, the controversial figure behind the project, described it as an illegitimate version.
Heart’s controversial statement
In an extensive Mar. 10 post on social media platform X (formerly Twitter), Heart renounced eHEX, affirming that only the HEX on Pulsechain was genuine.
According to him:
“I’ve told you all this before, but likely some of you don’t listen so well. So I’m telling you again. HEX is the HEX on PulseChain.”
In his argument, Heart stated that the HEX on the Ethereum chain was subjecting users to exorbitant gas fees, thus siphoning off their funds. To buttress his point, he highlighted Etherscan data showing that HEX network participants have spent more than $50 million in gas fees on the Ethereum blockchain.
He said these fees should have been spent buying the HEX on PulseChain. He added:
“HEX is much better than eHEX (the HEX on Ethereum.) Why? Gas fees.
We współpracy z: https://cryptoslate.com/over-1-billion-wiped-off-hexs-valuation-following-richard-hearts-disparaging-remarks/
