On April 18, the average commission reached $19.48, rising by almost $14 since the beginning of the month. Rodarmor claimed that the main problem with BRC-20 tokens is that they clog the network.
The Runes protocol aims to solve this problem by working autonomously without requiring Ordinals and allowing for more efficient transactions. PUPS is an experimental BRC-20 token on the BTC blockchain.
The asset’s capitalization, launched in January of this year, and currently stands at $439 million. Meanwhile, the trading volume of the PUPS meme coin exceeds $5.4 million.