PEPE Meme Coin Hysteria Pushes Ethereum Gas Fees to 1-Year High

The massive rise in the latest wave of popular meme coins has put Ethereum under pressure, driving gas fees even higher.

Ethereum’s gas fees have surged above a one-year high as the demand for trading the PEPE meme coin continues to soar.

The average cost of a single transaction on Ethereum jumped above $15.82 on May 4.

While Ethereum’s mean transaction fees have reached much higher levels of between $50 to $70 in 2021, things have been quiet since the market crashed in May 2022.

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@discobot start advanced tutorial

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This is crazy!

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Bad for market when peoples fomo meme coin

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Fomo meme coins > higher gas fee > bad news

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I don’t like meme coins

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jibgjherfsghefrygweukweghruiwehruiweu

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Pepe did a lot
Like came in
And it had not been in working stage like most coins or tokens
No initial funding
That’s a-lot :grinning: :grinning: :anguilla: to look in to

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@discobot start advanced tutorial

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Can you like direct on how to get that I the space because it’s definitely intriguing to know that there are tokens and nft being created and minted in the bit coin block chain it’s going to be an amazing journey
Considering the high transaction time on Bitcoin
How would they target that and would stacks be use in reducing that time gap
And what would be the bridge chain in getting and nft

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If you Fomo meme coins, you can lost all funds

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Now that’s the trick about being in the space
Most times it’s rewarding sometimes it’s now
All you need to do as a person is manage your greed level and do intensive research
Research has been helpful right from time in the space
And you can’t emphasize in that so much
Get information and do some risk assessments
You can go in and 100x or it burns you
That’s basically what it is chances

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Don’t fomo, you will lose if fomo

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Ничего страшного, в скором времени РЕРЕ укатается в пол и всё встанет на свои места…
В данный момент я бы крайне не рекомендовал к покупке этот щиток… :slight_smile:

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Thanks for info! :star_struck:

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wow that is huge :grin:

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Ye, just stay with perspective projects. Meme coins are pathetic

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