Fees are through the roof… another leg up may be incoming
¯\_(ツ)_/¯
Discussion
Through the roof? I remember when it sustained at 3 digits for so long that people were sreaming to consolidate as soon as it hit below 100 sats/vB.
I remember that too, still anything above 10 sats/vbyte is pretty high
Fees are low. Nice activity though. I love a healthy mempool. I don't think it has a ton to do with price either though.
We’ll see
Don't get me wrong I'm bullish on price. I just don't think there is a strong correlation. Mempool was almost empty during 2021 top.
Are you talking about the second top?
Yes. I'll also say that I understand there was controversy at the time about which top was the "real" top because social stats and other technical indicators point to march but price is price.