A trader spent $118,000 in gas fees to purchase $155,000 worth of memecoin Four (FOUR). The trade involved swapping 84 Wrapped Ether (WETH) for 13.8 billion FOUR tokens. The trader voluntarily increased the gas fee to speed up the transaction time and is now sitting on 133 ETH ($245,667) in unrealized profit on their investment in FOUR. The increase in Ethereum gas fees is driven by meme coin hysteria and the Maximal Extractable Value (MEV) trading bot front-running memecoin trades. Critics claim that unless the network becomes more affordable, mass adoption will never be achieved.