Doesn't have something to do with some shit going (xen) doing a proof-of-spam IPO offering of some minting? Each of these transactions serves as a reciept for one share or monkey jpeg or coin or whatever it is?
They're using the ordinals brc-20 to make issuance.
So while this is ordinals, it isn't ordinals, it's weird. But there "not ordinals but ordinals" actually are ordinals because we still don't even know what ordinals will come to be.
Higher fees? Fuck it, do it. Build out lightning, compete for block space, allow it to be humanity's permenant record of accord