• Ibaudia@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      9 months ago

      Periods of high transaction volume cause transaction fees to skyrocket. If there’s a rush to buy something, then transaction fees will easily go 10x for an hour or so. It’s like if Taylor Swift tickets went on sale, then the entire global economy stopped until they were sold out.