Can Bitcoin benefit from the meme craze? Data suggests...
According to data provided by Messari, memecoins weren’t gaining traction on Ethereum scaling solutions, but have been making their mark on the Bitcoin network.
The rising interest in memecoins impacted the daily transaction fees that were being generated on the network. The data indicated that BRC-20 Ordinal transactions generated more than $1.5 million in daily fees.
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