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Bitcoin-Based Meme Coin Growth Disrupts Binance, Drives Up Fees

A rapid growth in meme coins issued on the Bitcoin blockchain has caused a surge in transaction fees and disrupted withdrawals from Binance. The growth in Bitcoin transaction fees has in recent days gone parabolic, with...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin-Based Meme Coin Growth Disrupts Binance, Drives Up Fees
A rapid growth in meme coins issued on the Bitcoin blockchain has caused a surge in transaction fees and disrupted withdrawals from Binance.
The growth in Bitcoin transaction fees has in recent days gone parabolic, with the average fee level hitting as high as $19 on Sunday and then $30.9 on Monday this week, after staying between $1 and $2 for much of the year....
Read More: Bitcoin-Based Meme Coin Growth Disrupts Binance, Drives Up Fees

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This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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