Gambling with 110,000 Euros Gas Fee on ERC-404 Meme Coin, Surges to 70,000 USD and Resets to Zero

On February 13th, a wallet address took a bold move by converting 10 ETH (worth approximately $26,000) into Wrapped Ether (WETH) and then converting it into 30 No Handle (NO) tokens. According to DeBank’s data, this transaction incurred an astonishing fee of 42.8 ETH, approximately $113,211.