Coin Prices


News Explorer — Crypto Traders Are Paying High Fees for Meme Coins, Pushing Ethereum Gas Higher

Generated by AI, curated by humans


May 9, 7:11 am
Coindesk

Crypto Traders Are Paying High Fees for Meme Coins, Pushing Ethereum Gas Higher

Crypto traders are paying exorbitant fees to get their hands on newly-issued meme coins, as evidenced by a trader who paid over 64 ETH in fees to get 84 ETH worth of FOUR tokens. Data from DEXTools shows that the top early buyers of FOUR tokens are now sitting on profits of up to $2 million, indicating why traders are willing to pay such high fees. Gas fees on the Ethereum blockchain have also been driven up due to the current trend of hunting for jokes instead of fundamental plays.

Latest

May 30, 9:14 am
www.theregister.com

US Treasury Sanctions Philippine Company Linked to $200M 'Pig Butchering' Scams

Read Summary

May 30, 8:58 am
www.panewslab.com

Thailand to Block Bybit, OKX, Other Exchanges in June

Read Summary

May 30, 6:13 am
Decrypt

Coinbase Returns to San Francisco With a New Office Lease

Read Summary

May 30, 5:54 am
Decrypt

Paris Saint-Germain Confirms it Holds BTC in Treasury During Bitcoin 2025 Conference

Read Summary

May 30, 5:41 am
Decrypt

Central African Republic's Solana Meme Coin Swells Ahead of President's Announcement on Land Tokenization Project

Read Summary

May 30, 3:51 am
Decrypt

High-risk Trader Liquidated for Over $100 Million After Leveraged Bitcoin Position on Hyperliquid

Read Summary

May 30, 3:33 am
Decrypt

US Treasury Sanctions Filipino Firms for Aiding Crypto Scams

Read Summary

May 30, 3:14 am
Decrypt

SEC's Offers Guidance on Crypto Staking, Says Some Are Exempt From Securities Regulations

Read Summary

May 30, 2:27 am
Decrypt

Ross Ulbricht Speaks at Bitcoin 2025 Following Release From Prison Months Earlier

Read Summary

May 30, 12:01 am
Decrypt

Ethereum-Based Realms of Alurya and Wonder Wars to Shut Down Over Funding Challenges

Read Summary

May 29, 10:53 pm
Decrypt

Cantor Fitzgerald to Launch Bitcoin Fund With Gold-backed Downside Protection

Read Summary

May 29, 10:29 pm
Decrypt

Congress Has a New Crypto Market Structure Bill: Here's What You Need to Know

Read Summary

May 29, 9:44 pm
Decrypt

Bitcoin Billionaire Arthur Hayes Eyes $5K Ethereum Price This Year

Read Summary

May 29, 9:19 pm
Decrypt

SEC Files to Dismiss Lawsuit Against Binance and Changpeng Zhao

Read Summary

May 29, 8:36 pm
bitcoinmagazine.com

Tether Aims to Become World's Biggest Bitcoin Miner, Says CEO

Read Summary