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Market Cap:
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Cryptopolitan
2023-05-05 17:52:19

Memecoin craze causes Bitcoin transaction fees to skyrocket

Memecoin craze causes Bitcoin transaction fees to skyrocket

As memecoin trading frenzy surged, Bitcoin transaction fees reached their highest point in two years, with total fees on the Bitcoin blockchain amounting to $3.5 million on May 3, according to Crypto Fees data. YCharts reveals that the average Bitcoin transaction fee peaked at $7.2 during this period. The current surge in trading of memecoins … Memecoin craze causes Bitcoin transaction fees to skyrocket Read More »

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