What do you guys think about this Gas price surge since Saturday I think. I have been monitoring gas price the whole day today and gas price is ranging from 40 gwei - 75 gwei. This will affect ICO and bounty distribution as they will get high fees in transferring tokens to other wallets. I just hope it becomes normal again like 8 gwei - 10 gwei per transaction.
Someone has been spamming the network. I know the address that has already created so many spam transactions then he was wasting thousand dollars to pay the gas fees. This is totally attack to the ethereum network. Those spam transaction will increase the standard of the gas fees.