Finding Ethereum fees too high? Blame ‘petcoins’ like Shiba Inu (SHIB)

Try transacting on the Ethereum network today and you’ll likely see ‘gwei’ fees of higher than $25 to even $300 depending on the type of network interaction, data from gas tracker ETH Gas Station shows.
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Shiba Inu carnage: Traders lose $46.5 million on first day of SHIB futures

Shiba Inu (SHIB), the meme coin that was launched as a Dogecoin rival back in 2020, zoomed to the top-20 market cap yesterday after a TikTok- and social media-driven frenzy, data shows.
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Korean banks sound alarm as altcoins volumes grow in the country

The Korea Federation of Banks (KFB) has recently urged its members to estimate the total number of altcoins their crypto exchange clients are offering to measure risks associated with them, local outlet The Korea Herald reported yesterday.
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Grayscale’s parent company bets $1 million on Dogecoin’s decline

Barry Silbert, founder and CEO of crypto investment giant Grayscale Investments’ parent company Digital Currency Group (DCG), revealed that his firm has opened a $1 million short position on Dogecoin (DOGE), betting on the token’s decline.
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Survey: 1 in 4 Americans consider Dogecoin the ‘new Bitcoin’

A recent survey by gaming entertainment site Gamblers Pick found that 25% of American individuals consider meme cryptocurrency Dogecoin (DOGE) to be the ‘next Bitcoin.’ You can probably blame the general lack of crypto education and the rise of TikTok as an investment tool for such judgment, but that hasn’t stopped 1 in 4 people […]
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Dogecoin volumes in Korea exceeded those of its entire stock market yesterday

South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows.
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