Wednesday, November 27, 2024
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BAYC Team Raises $285M With Otherside NFTs, Clogs Ethereum

Per a bespoke calculator on the blockchain data site Dune Analytics, the average gas price was hovering around 800 Gwei early Sunday morning, with spikes in the realm of 6000 and 7000. During these waves, a simple transaction (say, sending a few dollars’ worth of crypto to a friend) could cost upwards of $3,000.

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