Iconic Doge Meme NFT, sold for $4M
#Dogecoin has seen remarkable attention in 2021 alongside its dramatic price hike. Capitalizing on this increase in attention, someone sold a non-fungible token (NFT) of the image upon which the #Dogecoin #cryptocurrency (DOGE) was based.
The #NFT was minted by a user name @kabosumama on May 31, according to the auction site. The first bid landed on June 8 from a user willing to pay 6.5 Ethereum (ETH) for the piece. Bidding escalated from there. The winning bid of 1,696.90 ETH — over $4M at time of publication — was wagered on June 11.