Crypto Currency Tracker logo Crypto Currency Tracker logo
coinpedia 2023-05-08 07:27:40

Bitcoin and Ethereum Fees Spike as Memecoin Season Takes Hold, Hurting Small Investors

The post Bitcoin and Ethereum Fees Spike as Memecoin Season Takes Hold, Hurting Small Investors appeared first on Coinpedia Fintech News The recent surge in popularity of meme-coins has significantly congested both the Bitcoin (BTC) and Ethereum (ETH) networks, slowing down transaction times and increasing fees, thus making it difficult for users to carry out transactions on these networks. What Does Data Say About BTC-ETH Congestion? At present, the Bitcoin network currently has 461,880 unconfirmed transactions, …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.