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ROLLUP: Memecoin Frenzy | BRC-20 Tokens | Brad Sherman
Bankless
Charts reveal unprecedented spike in Bitcoin transaction fees
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- The fees paid over time in Bitcoin have spiked, with one day seeing transaction fees larger than actual issuance
- There has been a new record in Bitcoin's entire lifespan with the highest amount of unconfirmed transactions waiting to be confirmed in the Bitcoin mempool
- The daily fees were flat before becoming vertical and reaching an unprecedented high
- The charts show the ordinal inscriptions made via the protocol
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