Dogecoin ($DOGE) Back In News With One After Another Multimillion Dollar NFT Sales

Sunil Sharma
August 27, 2021
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Will Neiro Get Similar Popularity Like Shiba Inu Dog Kabosu

Dogecoin ($DOGE) is gaining NFT superiority with one after another multi-million-dollar NFT sales. The Sad DOGE NFT was resold for $2 million after being auctioned for 15.6 ETH ($33,500) this June. The 2 million USD price bracket has put Sad Doge as the most expensive NFT in the past 24 hours. The latest buyer used USDC to purchase the DOGE NFT because the former owner ignored an earlier 30 ETH, i.e., over 94,000 in USD bid from the same bidder.

$2 Million for Sad Doge NFT

While the first sale of sad doge, which was made on the Zora NFT marketplace, did not touch the high price tag, it has finally gained the status of the millions. Kabosu, the Shiba Inu’s Sad Doge image portrays a rather unfamiliar side of the dog, as owner Atsuko Sato photographed her looking sad.

The hidden gem of the internet’s meme arena has unsurprisingly skyrocketed in popularity, being used by meme creators globally. A user going by the nickname, TwoDollaHotDoge placed the iconic 2 million USD bid on this meme sensation and acquired the Sad DOGE NFT.

$4 Million for Excited Doge NFT

This was not the first time DOGE NFT slipped into the multi-million-dollar space. In June this year, a photo of the excited Kabosu, a Shiba Inu was sold for an extraordinary amount of $4 million, making it the most expensive meme NFT of all time. The winning bid was 1,696.9 ETH, which amounted to approximately $4 million, was also place on the auction site, Zora.

“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,”, according to CNBC, Don Caldwell, 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.

As NFT’s popularity turns into the latest internet obsession, DOGE’s entry into the multi-million-dollar NFT arena has attracted market attention. While the DOGE community continues supporting DOGE trends, the cryptocurrency’s NFT could potentially become the next big thing on the decentralized blockchain.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.