Ethereum gas price drops to $0.82 ( 24 gwei ), end of defi/NFT hype?

[Carbitcoin]

Just when another dip may come but what happens if it will always be going up? you might be surprised after that. It seems like that 24500 has become the strongest resistance for bitcoin even bitcoin broke it yesterday but the support is not strong enough to keep the price above such rate.
A small correction is occurring right now but im sure that if bitcoin can bounce back again even higher. Let's wait and see what's gonna happen with it.

[satpol_PP]

Just when another dip may come but what happens if it will always be going up? you might be surprised after that. It seems like that 24500 has become the strongest resistance for bitcoin even bitcoin broke it yesterday but the support is not strong enough to keep the price above such rate.
A small correction is occurring right now but im sure that if bitcoin can bounce back again even higher. Let's wait and see what's gonna happen with it.

I think if bitcoin bounce back and touch 30K USD, gas fee will more expensive.
That's the fact as long as I invested in crypto currency.
Gas fee is always depending on Ethereum price.
And all crypto depend on bitcoin price.

[Carbitcoin]

Just when another dip may come but what happens if it will always be going up? you might be surprised after that. It seems like that 24500 has become the strongest resistance for bitcoin even bitcoin broke it yesterday but the support is not strong enough to keep the price above such rate.
A small correction is occurring right now but im sure that if bitcoin can bounce back again even higher. Let's wait and see what's gonna happen with it.

I think if bitcoin bounce back and touch 30K USD, gas fee will more expensive.
That's the fact as long as I invested in crypto currency.
Gas fee is always depending on Ethereum price.
And all crypto depend on bitcoin price.

as for ETH, here other levers of influence on the transaction cost are already included.  At the same time, bitcoin continues to be mined, and ETH will soon switch to PoS.

[Mayajal]

By transitioning Ethereum from proof of work to proof of stake, the merge will change the way new ETH is created. At the moment, new ETH is generated via the energy-intensive process of “mining,” in which individuals direct huge amounts of computer power at difficult-to-solve puzzles and are rewarded with blocks of new ETH. But post-merge, new ETH will be generated by “staking.” Stakers pledge large amounts of already-existing ETH to create and earn new ETH.

[Papusha20]

EthereumFair claims on  that it was the first eth token to become forked from Ethereum. The account, which was created in January 2020, has about 14 thousand followers. Despite a two year head start, that’s less than the  account for Eth, which amassed just over 15 thousand followers since it was created in July.

[Power420]

The upgrade even slightly outdid Ethereum’s energy projections. A report released on the day from the Crypto Carbon Ratings Institute (CCRI), commissioned by Ethereum-centric software firm ConsenSys, claims that Ethereum now uses approximately 99.99% less energy post-merge.

[Callisto]

This is inapplicably great news, in terms of the price tag for gas, because this was the main problem of the ethereum, I don’t see any obstacles in its further hype because of the gas price, the NFT may also collapse because of this, it seems to me that many have already become disillusioned with the NFT, all the hype is gone.

[damsix]

Hoping for this Ethereum fee to be forever cheap and there won't be any more expensive spikes.
It's great for us to understand this because the Ethereum transaction fee has reached a very expensive peak price.
Ethereum fees have also crossed the limit of Bitcoin transaction fees and it made history in cryptocurrency as the coin that has the most expensive fees.

[aiviaa485]

I have a few Ethereum tokens and the value of those tokens is not expensive than the transaction Gas fee.
This does look crazy but I believe that cryptocurrency is very difficult to predict between ups and downs. This pure of cryptocurrency space.
This includes the erc20 token that I have, where the value of the token is not expensive than Gas Transactions and if Ethereum Transaction Gas decreases then that's an advantage for me.

[I-Bit]

Hoping for this Ethereum fee to be forever cheap and there won't be any more expensive spikes.
It's great for us to understand this because the Ethereum transaction fee has reached a very expensive peak price.
Ethereum fees have also crossed the limit of Bitcoin transaction fees and it made history in cryptocurrency as the coin that has the most expensive fees.

ETH gas fee was decreasing, but it seems rising a bit. It is difficult to predict how long ETH gas fee is to stay cheap. But I believe that ETH gas fee won't be as expensive as previously. There will be more development in ETH, I think the gas fee problem will be fixed as soon as possible. So, people will trust again on ETH chain.

[Cadaver20]

As I write this post the ETH gas price I see is 26 gwei. A few days ago the ETH gas price dropped to 7/8 gwei. All crypto markets are now bearish. As a result, the fees of all networks have decreased. However, the ETH network fee was the cause of our headache, which is now almost within tolerance. I expect ETH gas price to stay within 15 gwei.

[EthereumDev_]

As I write this post the ETH gas price I see is 26 gwei. A few days ago the ETH gas price dropped to 7/8 gwei. All crypto markets are now bearish. As a result, the fees of all networks have decreased. However, the ETH network fee was the cause of our headache, which is now almost within tolerance. I expect ETH gas price to stay within 15 gwei.

Transaction fees for Ethereum are currently still relatively high and with Marge Ethereum it will not reduce the costs that must be incurred to send tokens or NFT based on the Ethereum network, so it's better when you want to do NFT transactions you have to prepare more money for transaction fees or use the cheaper BSC platform.

[Osama Sultan]

There is not a relation between Eth Gwei and its hype , the gwei is decreased because of conversion of ETH network from proof of work( mining )  to proof stake ( Staking) ,
And on the hype of Defi ?NFTs i says its bear market and users experiencing loses and are Holding , Also globe situation not good at all , Once things coming to change we see the market recovering and acceptance of crypto continues .

[Afony]

This happened due to a decrease in the price of cryptocurrencies on the market, when growth comes to the market, everything will change, the price of gas will grow and be high. This is their main mistake because of which they will lose a very large number of investors.

[Doovla]

Ethereum gas fee give possibilty to charge users to do transactions in ethereum network and it helps growing price steady more and more when gas fee increase. From team depends how much cost will be ,early years ago it was lets say normal price below 1$,now it goes big high below 21$ which is good for team that circle coin and have new whales coming but for ordinary users like small investor or bounty hunter it is very big cost. Current cost value is from 1$ to 10$ which is positive improvement to get back like it is use to be,no matter what part of day or night you are using lets say Web3 Metamask or Myetherwallet. If the circle supply does not much depend on gas fee cost than cost of fee will be back to normal,we should expect that in near future.