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Memecoin Craze Spurs Ethereum Gas Fee and Layer 2 Adoption
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[QUOTE="Hola Penio, post: 313337, member: 99335"] As meme coins continue to gain widespread popularity, the Ethereum Network is facing an unexpected surge in demand, raising concerns about rising gas fees. The fees are necessary to process transactions on the decentralized exchanges where most meme coins are traded and are based on the Ethereum network. In response to rising gas prices, many users are exploring alternative solutions such as layer 2 options including Optimism, Arbitrum, Polygon, and ZkSync. These solutions are designed to be more efficient, faster, and cheaper than the main ethereum network, making them attractive options for those looking for a cost-effective way to trade. [/QUOTE]
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Memecoin Craze Spurs Ethereum Gas Fee and Layer 2 Adoption
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