Post
Topic
Board Altcoin Discussion
Re: Why Gas Fee is too High?
by
velosepur
on 07/10/2021, 08:47:51 UTC
In my opinion, the high price increase of Ethereum as it is today is also very influential on the increase in gas costs or expensive transaction fees. not a few people complain about this, especially bounty hunters in making exchanges that have to incur high costs  Undecided
It is true.
The price of Ethereum also plays that factor why it had became expensive and it's because of it. But the time will come that the fees will be low again but we don't know when and maybe it's after this bull run.
Recently, to send an ERC20 token cost me over US$60. To complete a simple UniSwap trade can run between $60 and $100 for each transaction. This situation will be till eth 2.0. release probably. I think, can be wrong but... Number of transactions and other factors impacts and we cant do nothing now.