the article does not do a good job of explaining the "hiccup". let me break it down. > Recently, high-profile hiccups have also deflated investors. In late Apr

the article does not do a good job of explaining the "hiccup". let me break it down. > Recently, high-profile hiccups have also deflated investors. In late April, the company behind the Bored Ape Yacht Club, Yuga Labs, auctioned off millions in tokens offering land in a metaverse project they started. Its popularity caused the digital ledger it was being transacted on to nearly shut down. Trading volume also caused transaction fees to rise higher than the actual NFT price in some cases, news reports indicate. imagine your country club is selling rolex watches for $7000, existing members only, 1 per member, while supplies last. meanwhile, there's a crowd standing outside offering to buy them for $24000. you would expect uber rides to reprice towards $17000. with this context, it is unsurprising that the uber ride would cost more than the watch. if you wanted to take an uber to your friend's house, you might decide to reschedule, because $17000 is too much. but we wouldn't describe the uber network as "shut down". instead, it is congested.