Categories: Market

NFT madness breaks out when a Nakamoto card with a green frog meme is sold for 149.99 ETH

The craze for non-fungible tokens (NFT) reveals no indicators of subsiding, as a digital trading card combining many traditional memes sells for over half a million {dollars} in Ethereum.

According to listings on the main NFT platform OpenSea, a portrait token of Dorian Nakamoto – a Californian who was attributed to Bitcoin inventor Satoshi Nakamoto in 2014 – with the title “Pepe the Frog” was sold for 149.99 ETH.

The supply: Open sea

The token is a part of a assortment of “rare pepes” created within the mid-2010s however later added to the Ethereum blockchain utilizing a protocol known as the Emblem Vault. The character Pepe was taken from a 2005 comedian ebook known as “Boy’s Club” by Matt Furie, however later turned widespread within the meme world.

NFT was minted in 2016 as a part of a assortment of 300 and sold by a consumer named Emblem.Deployer to a different consumer named TeeJayOrT who owns many different fashionable tokens, together with 4 CryptoPunks and 5 Meebits.

While some consider the NFT house is in a bubble, Meltem DeMirors is from digital asset supervisor CoinShares called NFT is the standing symbol for a new class of customers.

“Is NFT a bubble? Are not. The new wealth is the bubble …

For the primary time in historical past, greater than 1% of the world’s adults are millionaires – that is 56 million millionaires. Her whole internet value is $ 158 trillion. There are 21 million bitcoins. There are 10,000 punks. There are 100 stones …

For these of you who say it is silly to spend thousands and thousands on JPEGs and that we should always prioritize fixing world starvation, then flip to the giants of business artwork collectors first. They spend $ 200 million on splotches of paint. Why is $ 2 million for pixel blobs not being taken severely? “

We invite you to affix our Telegram for quicker information: https://t.me/coincunews

Annie

According to Dailyhodl

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

CoinX

Recent Posts

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

1 hour ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

2 hours ago

Cosmos Developer Interchain Foundation Sold 3000 ETH Today

Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…

2 hours ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

3 hours ago

Inflation Warning By Vanguard Amid Tariffs And Labor Issues

Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…

3 hours ago

Clanker Token Trading Volume Hits $59.8 Million High On November 21

Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…

4 hours ago

This website uses cookies.