Does people actually know that transaction fees over the Bitcoin network has been cheaper than their favorite alts recently? Okay every Ethereum user is probably aware of this but how about those Doge fanatics? It takes 1-2 Doge to send a transaction which is more or less $0.50 to $1 based on current price. Even the BSC network has been congested lately and standard gas price went up to 9 Gwei from the previous 5 but I read that some people had to add more spending over $1 for their transactions not to be rejected.
Earlier today, I was able to send BTC at 3 sats/vbyte but I know the fee went even lower than that. That's less than $0.50. It's already back up to $4 but my point is that some people are probably still stuck to the notion that BTC transfers are always expensive. They don't realize they are spending more on their altcoins.
Well you only mentioned Doge and Ethereum But you did not pay attention to Ripple (XRP)? Yeah Bitcoin transaction is really dropping now as i have already sent from exchange with really super low fee.
But Ripple on the other Hand has its lowest for me.
Though this is a Great news for all of us , because if there will someone to benefits from this , then it is Us.