Post
Topic
Board Altcoin Discussion
Re: ETH Gas transactions price is about to hit 300
by
krayzie32
on 14/08/2020, 02:54:46 UTC
Today the cost of gas has decreased slightly from before when this topic was created. But the cost of gas right now, in my opinion, is still said to be very expensive, I can't even make an ERC20 transaction due to high gas reasons.
Gas right now is really very high and has an average cost of between $0.85 and $1 which makes me feel reluctant to trade with this coin. I think since the Defi projects are appearing more and more, the Gas always increasing and exchanging Uniswap is probably the main reason why the Gas price increase recently. However, this also makes the value of Ethereum a big improvement so I can accept this gas level.