Crypto influencer warns Ethereum fees will drive users away

Cointelegraph

Published Feb 22, 2021 10:34PM ET

Updated Feb 23, 2021 08:00AM ET

Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users should Eth2 fail to launch soon amid ever-increasing gas fees.

Despite predicting five-figure Ether prices in 2021, Davis’ Feb. 19 video, Davis asserts Ethereum’s skyrocketing fees has meant that only “rich investors” can afford to the network, prompting smaller users to switch to competitors like Binance Smart Chain (BSC).

Continue Reading on Coin Telegraph