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Ethereum gas fee tokens poor performers, Ponzi accusations

Two fresh tokens of late have put focus on Ethereum gas fees and airdropped tokens to network users. The tokens in question have performed poorly and there are accusations of ponzi schemes.

Ethereum gas fee tokens poor performers, Ponzi accusations

Cover art/illustration via CryptoSlate

Without any sign of gas fees on Ethereum being less of a pain to users, the fees continue to be a hot topic, and a driving force and tailwind for so-called Layer-1 competitors such as Solana and Avalanche, both of whom boast much lower fees.

As Ethereum gas fees stir some frustration among its users, there’s perhaps no surprise some are trying to capitalize on the emotions.

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