The report said that the total miner revenue is currently about triple the pre-halving level, at around 22 bitcoins versus 7 bitcoins before. Bernstein noted that daily revenues exceeded $100 million, with more than about $80 million coming from transaction fees, which is clearly abnormal, it said.
MOG Outperforms SHIB, DOGE as Meme Coins Rocket on Ether ETF Hopes
“Established memes are generally high beta for the native token of the chain they’re on, and Mog has established itself...