Worth it? Trader spends $120K on gas buying $155K worth of a memecoin By Cointelegraph

[ad_1]



A single trader just spent a staggering 64 Ether — equivalent to $118,000 — in gas fees purchasing $155,000 worth of a memecoin called Four (FOUR).

According to an update from the popular blockchain tracking service Whale Alert, the lone trader paid an astonishing $119,157 in Ether (ETH) to complete a trade that swapped 84 Wrapped Ether (WETH) for 13.8 billion FOUR tokens.

High gas fee transaction details. Source: Etherscan.
Average transaction fees in the past year. Source: Etherscan