no, there's no way that people can keep paying such high fees

this is clear evidence of a panic buy situation, where people are rushing to mint their ordinals and runes as soon as possible before the pool of buyers dries up, so obviously as the most urgent buyers are satisfied the decline towards the less panicked, lower time preference dumbasses is now, i think, and maybe in 2-3 days fees will be back under 100sat/vByte