Honestly it's just so dumb, these people didn't do their Bitcoin homework!😤 From what I gathered this wave of tx replaced the escaped image data used for those nfts a few months ago into javaScript for tokens.
Speculation and gambling aside, one can clog blocks with garbage and pay fees to have the network replicate it a gajillion times, but there's no way to "own" it. The theory behind ordinals hinges on the imagination that ownership is some sort of label on every sat that everyone will agrees on. This lesson played out on Bitcoin many times already, the segwit discount makes no difference; Bitcoin's limited blockspace can only track Bitcoin ownership!
There's infinite many ways to describe these labels, anyone can choose to not respect the labels too. (Didn't someone force a discussion on re-numbering ordinals just recently?) It's not ownership, what are these retards doing trading things they can't own 😮💨?
High fees drive narratives, and there's infinite reasons and methods to clog up block space. Recommend reading Johnathan Bier's blocksize war instead of fretting about the mempool 🧐
