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[microunit]

After the launched of the ShibaSwap exchange , ethereum network has seen a considerable increased in gas fees , and this also caused some experts to notice it. With upgrades like this shiba inu might over exceed dogecoin

 

[Josemendez]

I don't think the launch of the project is the major cause of the increased gas fee but the increased transaction on the blockchain

 

[Emmanuel24]

I don't think the launch of the project is the major cause of the increased gas fee but the increased transaction on the blockchain

You are right. Increase in gas fee does not have anything to do with the launch of shiba swap exchange. The blockchain is behind every transaction in cryptocurrency.

 

[LutherKing]

Well yes the bigger amount of tokens with small worth use a lot of network ram and that causes money that is why transactions fees have went up high to be honest actually

 

[SCAMEXPOSER]

Shiba swap should just be like the Uniswap and pancakeswap exchanges which i don't the should increase the gas fee of ethereum, the swap was supposed to solve a problem.

 

[LutherKing]

You're Right But The Fact is That Higher The Amount Of Tokens Per Transaction , The High The Gas Fees Goes , To Be Honest Actually

 

[Niftyicon]

If the traffic increased thanks to the launch of the shibaswap, then, we can count it as contributing to increased gas fees on the ethereum network.

 

[GoldenLady]

It's just because o increased number of transactions which of course causes congestion on the network and thus increases gas fees

 

[LutherKing]

Yes you Are Right But Bandwidth Also Costs Money this token has low value but bandwidth usage is high so it takes fees more than other tokens tbh actually

 

[Chibson]

Like someone have stated up there, the reason for the increased gas fee maybe because of the numerous transactions going on at that period.
There are some factors that increases gas fees.

 

[Mariappa45]

The increased transactions processing around ETH blockchain caused the increased gas fee of ETH because miners needs to be rewarded duly to work tirelessly to execute the tasks perfectly.

 

[Wisdom01]

I think it was because millions of transaction was done on the platform Shiba swap at the begining of it been launched ,and this alone contributed to the high transaction fee

 

[Brain]

After the launched of the ShibaSwap exchange , ethereum network has seen a considerable increased in gas fees , and this also caused some experts to notice it. With upgrades like this shiba inu might over exceed dogecoin

It is already that is why a lot of people are really investing in the token now but I think it wouldn't still be bad to indulge others coins maybe hold for a while before selling I believe

 

[LutherKing]

And Now The price is where you can actually think of investing as it will start increasing soon so you will good returns on few days to be honest .
.

 

[Brain]

And Now The price is where you can actually think of investing as it will start increasing soon so you will good returns on few days to be honest .
.

Yeah if we are to go bsck the viral prediction of Bitcoin getting to ,$100 by next month then it wouldn't be bad to start investing in it now

 

[LutherKing]

Everything is possible shibswab has always been causing fees higher because volume now its nearly touching 200 units so pretty high to be honest

 

[BullyMaguire]

Which is why i trade shiba for bch or xrp before sending toother address.. the fees are just out of my grasp lol.. Ethereum fees are no joke

 

[LutherKing]

You're right the fees is pretty high to be honest actually in my opinion and touches 200 gwei sometimes which is too much to be honest IMO .,..

 

[LutherKing]

Which is why i trade shiba for bch or xrp before sending toother address.. the fees are just out of my grasp lol.. Ethereum fees are no joke

Do you have any crypto available ATM ?