Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May. The average gas fee — transaction fee — on the Ethereum network has cooled substantially in the first week of June after reaching a multimonth high in May, owing to the memecoin frenzy and much maximal extractable value (MEV) bot…
234 ViewsA user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade. A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called Four (FOUR). According to an update from the popular blockchain tracking service Whale…
284 ViewsGRT has turned technically overbought, but its long-term potential remains skewed to the upside thanks to healthy network fundamentals. The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets. GRT price skyrockets with other data management tokens GRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of…
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