Golden Finance reports that mempool.space data shows that the Bitcoin network transaction fees have skyrocketed to over 400 satoshis/byte, with medium priority temporarily reported at 430 satoshis/byte and high priority temporarily reported at 610 satoshis/byte. The reason is that the founder of Ordinals, Casey, has deployed a new rune MEMENTO•MORI which will start minting at block height 868186, with a total of 100 million runes, reserving 50%.