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cryptonews
2023-05-09 18:27:00

Bitcoin-Based Meme Coin Growth Disrupts Binance, Drives Up Fees

Bitcoin-Based Meme Coin Growth Disrupts Binance, Drives Up Fees

A rapid growth in meme coins issued on the Bitcoin blockchain has caused a surge in transaction fees and disrupted withdrawals from Binance. The growth in Bitcoin transaction fees has in recent days gone parabolic, with the average fee level hitting as high as $19 on Sunday and then $30.9 on Monday this week, after staying between $1 and $2 for much of the year.... Read More: Bitcoin-Based Meme Coin Growth Disrupts Binance, Drives Up Fees

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