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Elon Musk Joins NFT Craze, Sells A Song As His First NFT

Published by
Achal Arya
Updated 15 Mar, 2021 | 08:10:53 PM UTC
Elon Musk Joins NFT Craze, Sells A Song As His First NFT

After influencers like Mark Cuban and Gary V, Elon Musk has also joined the NFT craze. In a tweet today he said he is selling a song as his first NFT. NFTs also known as Non-fungible token are in mainstream limelight after Beeple NFT artwork sold for $69 Million recently making him among three most expensive artist alive.

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After Bitcoin, Elon Musk Joins NFT Craze

Elon Musk’s company Tesla has reportedly made millions in profit on its $1.5 Billion investment in Bitcoin. Dogecoin is other cryptocurrency about which Elon Musk has tweeted frequently driving the price of Doge coin over weeks now. He made news recently when h tweeted that Coinbase crypto exchange should list Doge Coin and since then as expected the price of Doge coin is rising sharply.

Later he tweeted he is getting a Shiba Inu, basically the breed of dog that is face of dogecoin. Though, whether Elon Musk himself is an investor/hodler of Dogecoin is not clear yet.

 

 

 

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Achal Arya

Achal Arya is a digital product designer and an entrepreneur. He did his masters degree in design from IIT Hyderabad and has a bachelors degree in Computer Science. He works in the Web3 domain and manages new developments at CoinGape. Follow him on X at @arya_achal or reach him at achal[at]coingape.com.

Published by
Achal Arya
Updated 15 Mar, 2021 | 08:10:53 PM
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
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