The highly-anticipated launch of HEX PulseChain went live on the mainnet, but was not without several hiccups. Users ran into issues with high gas fees, inability to connect to HEX, and a tanking HEX token price. PulseChain was created as a hard fork of Ethereum, and was meant to provide a high throughput and low fee system.

However, on launch day, Ethereum's network fees skyrocketed due to the high demand of the project, something that quickly became the center of complaints from many users. Then infamous crypto promoter, Richard Heart, addressed the situation and said that the high fees were functioning as intended. Heart added that if someone else wanted to pay more for a transaction, then that person would be the one to get into a block, not the other person.

The trouble continued for PulseChain and Heart's HEX project as there were reports of difficulty connecting to HEX, as well as users posting their errors on Reddit. HEX's native token, PLS, has not yet been listed on any analytics platforms and PLS airdrop has been significantly promoted on Twitter, possibly leading to the fall of HEX token prices.

Since it reached its all-time high in September 2021, the HEX token price has drastically fallen to lows of 94%. What's more, it has dropped sixty percent within the last five days, trading at only $0.03 on May 11th. Seeing this, many are questioning the worth of PulseChain and asking themselves if this 'Ethereum-killer' will live up to its perceived promises.



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