Bitcoin (BTC) fees skyrocketed to their highest level, above $100, as the halving occurred, racking up over $2.4 million in mining fees. As a result, users, enthusiasts, and investors may turn to low-fee cryptocurrencies for efficient alternatives, potentially increasing their market demand.
The 12,000-followers cypherpunk influencer, who goes by the alias Untraceable on X (formerly Twitter), believes an extended high-fee period for BTC can drive the cryptocurrency market focus to altcoins, possibly igniting an altseason.
The longer Bitcoin transaction fees remain absudly high, the more likely an altseason will come as people start using other coins instead of Bitcoin.
— ᴜɴᴛʀᴀᴄᴇᴀʙʟᴇ (@DontTraceMeBruh) April 20, 2024
In this context, one particular cryptocurrency shines with a unique approach to transaction fees in permissionless payment networks. The currently $1 Nano (XNO) has developed a feeless protocol using alternative data prioritization methods
We współpracy z: https://finbold.com/opportunity-this-1-cryptocurrency-could-surge-as-bitcoin-fees-skyrocket/
