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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, …

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