Bored Ape Yacht Club (BAYC) land sale wrecks Ethereum. This is GREAT for Matic and Cartesi etc.

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Bored Ape Yacht Club BAYC land sale shot Ethereum fees to over $1000 per transaction! That is simply ridiculous crypto news. But this bodes very well for other crypto coins - particularly Layer 2s. Layer 2 cryptos are used to lower Ethereum fees for precisely this reason, and as long as ETH continues to do this (which it has for a while) this strengthens the demand for coins like Polygon, Cartesi and IMX. These coins slash Ethereum fees to a fraction of what we saw during the BAYC land sale. Watch now as I cover the crypto news today headed by the Bored Ape Yacht Club BAYC land sale.

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I am not a financial advisor and the information provided is simply my opinions. Remember to speak to a financial advisor before making any significant investments.

TLDR - Crypto news today - Bored Ape Yacht Club BAYC land sale sends ETH fees over $1000 per transaction!
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