According to Flood (@ThinkingUSD) on Twitter, historical data shows that longing gas tokens has generally resulted in poor returns for traders. This pattern suggests that strategies focusing on buying and holding gas tokens, such as ETH gas-related assets, have not been profitable over time (source: @ThinkingUSD, Twitter, June 3, 2025). Traders considering positions in gas tokens should review past performance and assess market demand before executing trades. The underperformance of gas tokens also highlights the importance of diversification and risk management in crypto trading portfolios.

According to Ai 姨, the Ethereum gas price surged to 109.626 Gwei. A specific project, $HULEZHI, is implicated in the dramatic increase in gas fees, highlighting the transactional congestion it creates. Traders should monitor projects like $HULEZHI when assessing transaction costs on the Ethereum network. This insight can guide decision-making on whether to engage in trading activities during such spikes.