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Trader Spends $118k in Ether on Memecoin
Trader

Trader Spends $118k in Ether on Memecoin

A single trader has spent $118,000 in gas fees on the Ethereum network to purchase $155,000 worth of memecoin called Four (FOUR). The trader paid $119,157 in Ether (ETH) for a Uniswap trade of 84 Wrapped Ether (WETH) for 13.8 billion FOUR tokens. The rise in gas fees has caused debates in the crypto community over its impact on mass adoption.

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