Post
Topic
Board Altcoin Discussion
Re: will Binance be the next Ethereum?
by
rannovan
on 24/03/2021, 07:33:11 UTC
the gas price could become this high also affected by the eth price increase as well and people reluctant to use DEX because they need to atleast make two or more transactions and imagine if one transactions costs about $40 that's food for a whole week goes to waste just for sending which absolutely is unnecessary at this point.
If the increase in gas costs is due to the increase in ethereum prices, in my opinion, it is not quite right. For example, during 2017-2018, when ethereum prices were almost the same as current Gwei gas, they were still very low compared to today.