The Most Expensive Meme NFT Of All Time- Doge

The Iconic “Doge” Meme of Dogecoin just got sold as an NFT For $4Million.

“Doge,” is the image of an excited Shiba Inu and the face of a dogecoin, that has become one of the internet’s most famous memes, got sold for $4 million as a non-fungible token, making it the most expensive NFT of all time.

In 2021, Dogecoin has got a lot of attention due to its spectacular price surge. Some took advantage of the increased interest by selling NFTs of the image of Dogecoin was based on.

How Did Dogecoin get started?

This started with an image of the Shiba Inu “Kabosu” was taken by her owner Atsuko Sato on February 13th, 2010. After the owner shared it to her personal blog alongside the series of other famous images under the title “Taking a walk with Kabosu-chan”. These photos went on to kickstart the Doge meme and have circulated the web ever since.

On Friday the auction winner @pleasrdao placed a willing bid of the cryptocurrency Ethereum, worth approximately $4 million, according to the auction site Zora.

Editor-in-chief of the internet meme database Know Your Meme, which certified Doge ahead of the auction to ensure that the meme was being sold by its rightful owner, said”We’re so happy to be a part of this milestone in internet history. If any meme deserved to be the new meme NFT record holder, it’s Doge,”

He also added, that Doge, which he called “one of the most iconic memes in internet history,” had previously won Know Your Meme’s ‘Meme of the Decade’ award in December 2019.

It Has Been A Good Year For Dogecoin

Dogecoin’s price has climbed significantly in 2021, topping $0.70 per coin.However, the asset has dropped significantly since then, in accordance with the rest of the crypto market, and is currently trading at around $0.31 at the time of posting.

The digital cryptocurrency began as a joke, but it has recently gained traction as billionaires Mark Cuban and Elon Musk embrace it.

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this news and reviews blogs are only to educate, inform and deliver information to the public and is not an investment advice. Nothing should be taken as an offer to buy, sell or hold any cryptocurrency

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