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coinpedia
2023-05-06 07:44:29

Memecoin Craze Spurs Ethereum Gas Fee and Layer 2 Adoption

Memecoin Craze Spurs Ethereum Gas Fee and Layer 2 Adoption

The post Memecoin Craze Spurs Ethereum Gas Fee and Layer 2 Adoption appeared first on Coinpedia Fintech News The explosive popularity of meme coins has led to an unexpected surge in demand for Ethereum, which has in turn created concerns about the network’s rising gas fees. Most meme coins are traded on Ethereum-based decentralized exchanges, which require users to pay fees to process transactions. High Ethereum gas fees will push more adoption to …

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