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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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Crypto Opinion with Mike Ermolaev: Investoo Group's Jayson Derrick on BTC, Alts, Crypto Risks, and His Investment Portfolio
A lead news editor at Investoo Group Jayson Derrick oversees the news writers and analysts for one of the world’s biggest providers of content related to cryptocurrency, stocks, forex, commodities, and other markets. With his extensive background as a trader, analyst, risk manager, and financial writer, he is the right person to talk to about crypto.