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Ethereum gas fees cool down after May memecoin frenzy

Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May.

38 /100
Market signal

Archive context

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

Ethereum gas fees cool down after May memecoin frenzy

Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May.

Why this matters

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

Original source

Read on Cointelegraph

Related market context