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Cryptopolitan 2023-12-18 22:37:39

Avalanche users spend $13.8 million in transaction fees on inscriptions in 5 days

In the last five days, users on the Avalanche blockchain have collectively paid $13.8 million in transaction fees for the creation and movement of tokens and NFTs using inscription-based technology. These unique tokens are generated by incorporating text into standard blockchain transactions, utilizing an off-chain numbering system for tracking. The popularity of inscriptions has surged

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