Pepe硬币（PEPE）如何峰值以太坊（ETH）气费

以太坊的汽油费根据网络活动而波动，而佩佩克金（Pepe）由于其迅速上升而在引起汽油费用方面发挥了重要作用

Ethereum gas fees are dynamic and can be influenced by various factors, including the popularity of specific tokens. One token that has played a significant role in causing gas fee spikes is PepeCoin (PEPE). Being an ERC-20 token, PEPE transactions rely on Ethereum's blockchain, and increased trading volume directly impacts the network's congestion and transaction costs.

以太坊气体费用是动态的，可以受到各种因素的影响，包括特定令牌的普及。 Pepecoin（Pepe）是一个在引起汽油费用峰值中发挥重要作用的代币。 PEPE交易是ERC-20代币，依赖于以太坊的区块链，而增加的交易量直接影响网络的拥塞和交易成本。

In this deep dive, we'll explore how PEPE affects Ethereum's gas fees, its impact on network congestion, and what this means for Ethereum users, developers, and the broader ecosystem.

在这种深入的潜水中，我们将探讨PEPE如何影响以太坊的汽油费，其对网络拥塞的影响以及这对以太坊用户，开发人员和更广泛的生态系统意味着什么。

1. Understanding Ethereum Gas Fees

1。了解以太坊汽油费

Before delving into PEPE's impact, it's crucial to understand how Ethereum gas fees are calculated.

在深入研究Pepe的影响之前，要了解如何计算以太坊气体费用至关重要。

What Are Gas Fees?

什么是汽油费？

Gas fees are the costs users pay to process transactions on Ethereum. Fees are measured in gwei (a fraction of ETH) and vary based on:

汽油费是用户为以太坊上处理交易所支付的费用。费用在GWEI（ETH的一部分）中测量，并根据以下方式变化：

- Computational effort required for the transaction

- 交易所需的计算工作

- Network congestion at the time of the transaction

- 交易时网络拥塞

When Do Gas Fees Spike?

汽油费用何时飙升？

Gas fees tend to rise when there is sudden demand, such as:

当出现突然需求时，汽油费往往会上升：例如：

- Bull runs (characterized by high trading activity)

- 公牛运行（以高交易活动为特征）

- NFT minting events

-NFT造币活动

- Meme coin hype cycles (like the recent surge in PEPE transactions)

- 模因硬币炒作周期（例如最近的PEPE交易激增）

2. How PEPE Trading Caused Gas Fee Spikes

2. Pepe交易如何引起汽油费峰值

The PEPE Hype Effect

胃炒作效应

PEPE's meteoric rise in early 2023 led to an explosion in trading volume on Ethereum-based decentralized exchanges (DEXs) like Uniswap. Traders rushed to buy PEPE, leading to:

佩佩（Pepe）在2023年初的迅速崛起导致了基于以太坊的分散交易所（DEX）等贸易量的爆炸式增长。贸易商急忙购买Pepe，导致：

- Thousands of transactions per second involving PEPE

- 每秒成千上万的交易涉及PEPE

- Increased competition for block space, pushing up gas prices

- 增加了对块空间的竞争，推高汽油价格

- Network congestion, delaying normal transactions

- 网络拥塞，延迟正常交易

At its peak, PEPE-related transactions accounted for over 30% of Ethereum's total network activity, causing gas fees to skyrocket.

在顶峰时，与PEPE相关的交易占以太坊总网络活动的30％以上，导致汽油费用飙升。

Examples of PEPE's Gas Fee Impact

佩佩汽油费影响的示例

- April 2023: PEPE Mania Begins

- 2023年4月：Pepe Mania开始

- May 2023: Gas War Intensifies

- 2023年5月：煤气战加剧

Consequences for Other Ethereum Users

对其他以太坊用户的后果

3. Why PEPE Causes Higher Gas Fees Than Other Tokens

3。为什么PEPE会导致比其他令牌更高的汽油费

Several factors contribute to PEPE's gas fee impact being stronger than typical ERC-20 tokens.

多种因素导致Pepe的气体费用比典型的ERC-20代币更强大。

A. High Transaction Volume on DEXs

A. DEX的高交易量

Unlike stablecoins or blue-chip assets (e.g., ETH, BTC), PEPE experiences extreme volatility, leading to frequent buying and selling.

与Stablecoins或Blue-Chip资产（例如，ETH，BTC）不同，Pepe经历了极端波动，导致经常买卖。

- More transactions = more gas demand = higher fees.

- 更多交易=更多的气体需求=更高的费用。

B. PEPE's Small Market Cap Leads to Hype-Driven FOMO

B. Pepe的小市值导致炒作驱动的FOMO

Being a meme coin, PEPE started with a low market cap, attracting early investors who feared missing out.

佩佩（Pepe）是一个模因硬币，始于低市场上限，吸引了那些担心错过的早期投资者。

- High demand in a short period overwhelms Ethereum's network.

- 在短时间内的高需求压倒了以太坊的网络。

C. PEPE's Retail Appeal Brings More Users to Ethereum

C. Pepe的零售呼吁将更多用户带到以太坊

Many PEPE traders were first-time Ethereum users who had never interacted with Uniswap or MetaMask before.

许多PEPE交易者是首次以太坊用户，他们以前从未与Uniswap或MetAmask进行互动。

- More newcomers meant more inefficient transactions, further congesting the network.

- 更多的新移民意味着更多效率低下的交易，使网络进一步充血。

4. PEPE's Role in Driving Ethereum Layer-2 Adoption

4。佩佩在驱动以太坊2层采用的作用

Due to Ethereum's high gas fees, Layer-2 solutions like Arbitrum, Optimism, and zkSync became attractive alternatives.

由于以太坊的高汽油费，诸如仲裁，乐观和ZKSYNC之类的第2层解决方案成为有吸引力的替代方案。

- Traders moved PEPE to Layer-2s to save on gas fees.

- 交易者将PEPE转移到2层以节省汽油费。

- Arbitrum & Optimism saw increased adoption, proving Ethereum's scalability solutions work.

- 仲裁和乐观的采用增加，证明了以太坊的可伸缩性解决方案有效。

- Developers focused on bridging meme coins to Layer-2s, boosting the entire ecosystem.

- 开发人员致力于将模因硬币桥接到第2层，从而增强了整个生态系统。

Example: Uniswap on Arbitrum saw record trading volume as users tried to avoid Ethereum's high gas fees during the PEPE craze.

示例：随着用户试图避免在pepe热潮期间以太坊的高气费，因此在仲裁上启用了记录交易量。

5. Is PEPE Good or Bad for Ethereum's Gas Fees?

5。佩佩对以太坊的汽油费好还是坏？

Positive Impacts

积极影响

- Increased Ethereum revenue (higher gas fees = more ETH burned, reducing supply)

- 以太坊收入增加（较高的汽油费=更多的ETH燃烧，减少供应）

- More demand for ETH staking as validators earn higher rewards

- 随着验证者获得更高的奖励，对ETH积分的需求更多

- Growth of Layer-2 solutions, driving Ethereum's long-term scalability

- 第2层解决方案的增长，推动以太坊的长期可伸缩性

- New user adoption, bringing meme coin traders into the ETH ecosystem

- 新的用户采用，将模因硬币交易者带入ETH生态系统

Negative Impacts

负面影响

- High fees price out small traders and NFT/DeFi users

- 高费用价格淘汰小型交易者和NFT/Defi用户

- Network congestion slows down Ethereum transactions

- 网络拥塞减慢以太坊交易

- Short-term volatility makes ETH less predictable

- 短期波动率使ETH降低了可预测的

6. The Future: Will PEPE Continue Impacting Ethereum's Gas Fees?

6.未来：佩佩会继续影响以太坊的汽油费吗？

PEPE's influence on gas fees will depend on:

Pepe对汽油费的影响将取决于：

- Continued popularity of the token and meme coin trends

- 令牌和模因硬币趋势的持续普及

- Ethereum network activity and gas fee fluctuations

- 以太坊网络活动和汽油费波动

- Adoption and utilization of Layer-2 solutions

- 采用和利用2层解决方案

Final Thought: PEPE may be temporary, but Ethereum's ability to handle meme coin-driven congestion will define its long-term success.

最终想法：PEPE可能是暂时的，但是以太坊处理模因硬币驱动的交通拥堵的能力将定义其长期成功。