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21Shares: Transaction fees continue to soar due to minting of BTC NFTs

21Shares: Transaction fees continue to soar due to minting of BTC NFTs

CointimeCointime2023/11/14 01:57
By:Cointime

Digital asset management company 21Shares posted on social media that transaction fees for Bitcoin NFTs (known as "Ordinal inscriptions") have been soaring due to their minting. The average transaction fee is currently $5.93, which is an increase of over 500% from its low point in August 2023.

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