BREAKING
319d 23h ago

Optimizing Gas Fees: KiloEx IDO Transaction Cuts Costs from 256 to 128, Impacting CAKE Whitelist Sale

CAKE

CAKE/USDT

$1.373
+1.33%
24h Volume

$14,374,726.67

24h H/L

$1.397 / $1.354

Change: $0.0430 (3.18%)

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data
CAKE
CAKE
Daily

$1.373

-0.65%

Volume (24h): -

Resistance Levels
Resistance 3$1.5665
Resistance 2$1.4856
Resistance 1$1.39
Price$1.373
Support 1$1.3714
Support 2$1.188
Support 3$0.7504
Pivot (PP):$1.374
Trend:Downtrend
RSI (14):28.7

According to recent insights from COINOTAG on March 27, it appears that the address responsible for initiating the KiloEx **IDO** event has undertaken a strategic action to optimize gas fees. This address executed a new **”Create IDO”** transaction that successfully reduced gas costs from **256** units to **128** units. Interestingly, this adjustment occurred without the simultaneous launch of a **CAKE** whitelist spot sale event, indicating a focused approach on operational efficiency. Such decisions can be crucial in the fast-paced landscape of **cryptocurrency** as minimizing transaction costs can greatly enhance the profitability of **IDO** initiatives. Investors and participants in the IDO space should closely monitor these developments, as they reflect broader trends in optimizing **Ethereum** transactions amidst fluctuating gas prices.

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