Runes: Latest Scam to Jack up BTC Fees?

As many know, average BTC fees reached $240 on the day of the halving. It's an unlikely coincidence that miner fee revenue increased astronomically on the exact day that block rewards were cut in half. The Runes protocol feels mostly pointless and designed to use up BTC block space to boost fees into the stratosphere.

https://blockspace.media/insight/how-bitcoins-runes-actually-work/

When BTC fees go parabolic, often the price crashes. People who hodl less than $1k worth of BTC are essentially locked into their current wallet until the mempool clears and fees drop.

BCH hashrate has tripled in the last week. BCHG prices are rallying again.