Iconic 'Doge' meme NFT sells for record $4M [MSNBC.com]
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Source: MSNBC.com
"Doge," the image of an excited-looking Shiba Inu considered one of the internet's most iconic and renown memes, has sold as a nonfungible token, or NFT, for $4 million, making it the most expensive meme NFT of all time.On Friday, the auction winner, @pleasrdao, placed a willing bid of 1,696.9 of the cryptocurrency Ethereum, worth approximately $4 million, according to the auction site Zora.The meme was first put up for auction on Tuesday by Atsuko Sato, the owner of Kabosu, the dog from the image, and ran for roughly three days before being sold to @pleasrdao.A bidding war for the meme broke out on Zora, where Doge was being auctioned, between users @twodollahotdoge and @pleasrdao on Friday afternoon, driving up the price until @pleasrdao prevailed with the winning bid.What is a non-fungible token and why are they so popular?March 6, 202103:42The term "Doge" stems from the Flash cartoon "Homestar Runner." In a 2005 episode, the titular character Homestar calls another character his "
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