Ethereum (ETH) Fees Hit May’22 High; Pepe Is the Reason?
Ethereum (ETH) transaction fees have again hit highs since May 2022. A spike in transactions on the Ethereum blockchain also involving meme-based tokens such as Pepe (PEPE) and Wojak (WOJAK) has driven up traffic on the network, pushing the average fee rate to the highest in nearly one year while