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.
The gas price hike has taken its toll on bounty distributions, there had been several complaints of non distribution of tokens citing problems from the network congestions by the companies, a bounty distribution had been prosponed till August I think high gas price is attributed to the non compliance to scheduled date of the distribution.