Bitcoin Ordinals Fees Hit All Time High

Daily transaction fees for minting Bitcoin ordinal inscriptions reached a new all time high on Thursday of 9.28 BTC. The surge is largely attributed to Bitcoin apes, which is a variation of the popular board ape yacht club NFT collection that is being reproduced on the Bitcoin network. Since the launch of the ordinals project in January 2023 over $3.3 million in fees have been paid to put images text and even video games on the original blockchain. Over 8397 Bitcoin apes have already been inscribed. Once they have minted out over $1 million, will have been spent inscribing the 10,000 exact copies of the board ape yachtclub images onto Bitcoin Of the 4

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