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ar Arabiczh-CN Chinese (Simplified)en Englishid Indonesianru Russian
bitcoin
Bitcoin (BTC) $ 105,247.20
ethereum
Ethereum (ETH) $ 3,272.01
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 680.89
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 3.11
binance-usd
BUSD (BUSD) $ 0.996207
dogecoin
Dogecoin (DOGE) $ 0.334534
cardano
Cardano (ADA) $ 0.97069
solana
Solana (SOL) $ 240.84
matic-network
Polygon (MATIC) $ 0.417149
polkadot
Polkadot (DOT) $ 6.17
tron
TRON (TRX) $ 0.251775
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    HomeCrypto Finance

    Polygon gasoline charges spike 1000% amid Ordinals-inspired token craze

    Crypto Finance
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    Latest News

    Fuel charges on layer-2 Polygon (MATIC) surged greater than 1,000% to succeed in a peak of $0.10 as customers inundated the community with the minting of Ordinals-inspired tokens dubbed POLS.

    In a Nov. 16 X (previously Twitter) submit Polygon founder Sandeep Nailwal shared his shock on the elevated transaction exercise on the community saying the spike may’ve been as a result of launch of a brand new Polygon-based nonfungible token (NFT) assortment.

    POLS brought about greater than $86 million of MATIC for use as gasoline.
    Polygon gasoline charges have since returned to barely above-average ranges. Supply: Livdir

    Proceed Studying on Cointelegraph

    See also  Bitcoin's Triumph: 'Demise Name' at $400 Confirmed Incorrect
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