The minting of BRC-20memecoin on the BTC blockchain has led to a surge in demand for block space. Unlike traditional token standards such as Ethereum’s ERC-20, BRC-20 does not use smart contracts and is only conducted using wallets that support the Bitcoin blockchain. operate. The average fee per transaction soared to over $16 and peaked at $29 on May 9. K G is going to wake up laughing! #BTC