Seems to go back to some kind of normal, slow but on the right way.
But it goes up and down very fast, but the unconfirmed tx´s go down more and more for time pass by.
I would say it would be more or less back to normal in 48 hours or less.
End of BRC-20 hype? the hype didn't even last for a month
I check BRC-20 site today and I found most of the tokens are in dump, unlike the
three days before. Hope many people continue to lost their money on those shitcoins, it will them downturn and leaving BRC-20 tokens.
The problem now is, what can be done so this will not happen again anytime soon. Slow confirmations and high fee is a big factor for people to not use bitcoin and switch to altcoins I think.
I think it's a natural thing, the developer haven't do anything to stop BRC-20, but the volume trade drastically drop. People still use Bitcoin to buy and sell in CEX, but they will not send to their non custodial wallet due to high fee before.