Ethereum gas prices are hella high

John Cook
3 min readNov 8, 2021

I’m convinced as of November 2021 etherum gas prices have closed the door on all newbies who want to enter the defi space unless they’re willing to start with $$$. All most newbies can afford to do at this point is buy and hold ETH…but moving ETH to defi apps via tokens are hella expensive unless you’re willing to start with ~$10KUSD which is beyond an average american is willing to part with under the pretense of an experiment.

Want to jump into the NFT space and buy an NFT on opensea? Good luck on any small token transaction you’ll run out of gas:

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John Cook

Advocate of transparent financial systems & governments that serve the people | Macro, markets & crypto research @ http://frontruncrypto.com