There is a widespread perception that when Ethereum switches to <a href="https://www.cryptoknowmics.com/news/binance-us-confirms-support-for-ethereum-merge-to-proof-of-stake/" target="_blank" rel="noopener">Proof-of-Stake</a> (PoS), a portion of Ether (ETH) miners will split the network to become Proof-of-Work (PoW), allowing them to continue mining. CoinGecko co-founder thinks there are strategies for ETH owners to benefit from this upcoming event.

In a Twitter thread, Bobby Ong, co-founder of CoinGecko, <a href="https://twitter.com/bobbyong/status/1566616623540080640" target="_blank" rel="nofollow noopener">discussed his plans</a> for the coming ETH Merge. Ong stated that ETH holders would soon receive airdrops of ETH PoW tokens and offered suggestions on how to take advantage of this opportunity.

https://twitter.com/bobbyong/status/1566616585015422976
<h2>Easiest Way To Get Fork Airdrops</h2>
Ong pointed out that holding ETH at exchanges that accept the forks is the simplest method to get the fork airdrops. But having ETH in hardware wallets would also function and may qualify a trader for all the forked tokens.

The executive also suggested that traders withdraw their ETH liquidity from decentralized finance (<a href="https://www.cryptoknowmics.com/news/defi-platforms-exploits-federal-bureau-of-investigation-issues-warning/" target="_blank" rel="noopener">DeFi</a>) protocols, unwrap their wrapped Ether (wETH), and bridge their tokens back to the ETH mainnet to increase the amount that holders can get.

Considering these suggestions, Ong stated that even if he could be eligible to get all of the forked tokens, he would reject some airdrops since some of them might be phishing attempts to obtain his signature and keys. Additionally, the CEO disclosed that his plan for the forked coins is to "sell them all immediately." He stated,
<blockquote><em>"Almost all the fork tokens are now dead as they are created solely to keep miners temporarily occupied with mining and have no incentive to grow their community and usage."</em></blockquote>

Co-founder of CoinGecko Reveals His Plans For ETH Merge

In a post on Twitter, Bobby Ong, co-founder of the website CoinGecko, which provides information on tokens, discussed his plans for the coming ETH Merge.

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Co-founder of CoinGecko Reveals His Plans For ETH Merge

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