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Dogecoin’s iconic meme “Doge”, just sold as NFT for $ 4 million

Doge, the image of the excited Shiba Inu and the face of dogecoin, which has become one of the most famous memes on the Internet, sold for $ 4 million as an indispensable symbol, making it the most expensive NFT meme of all time.

The most expensive NFT meme of all time

In 2021, Dogecoin received a lot of attention due to its spectacular jump in prices. Someone took advantage of the increased interest by selling an irreplaceable marker (NFT) on the image on which Dogecoin is based.

“The original image that started it all,” read the NFT description sold at very.auction. “This photo of Shiba Inu ‘Kabosu’ was taken by its owner, Atsuko Sato, on February 1

3, 2010,” he said.

“After sharing it on his personal blog with a series of other famous images entitled ‘Walking with Kabosu-chan,’ these photos continued to launch a doge meme and have been circulating the web ever since – nothing more iconic than this photo. “

On Friday, the winner of the auction, @pleasrdao, made a desirable bid of 1,696.9 of the cryptocurrency Ethereum worth approximately $ 4 million, according to auction site Zora.

“We are so happy to be part of this stage in the history of the Internet. If there’s one meme that deserves to be the new bearer of an NFT meme, it’s Doge, “said Don Caldwell, editor-in-chief of the Know Your Meme Internet Memes Database, which certifies Doge before the auction to ensure the meme is sold legally. owner.

Caldwell added that Dodge, whom he calls “one of the most iconic memes in the history of the Internet,” had previously won the “Know Your Meme” Meme of the Decade award in December 2019.

The money goes to the Japanese kindergarten teacher Atsuko Sato, owner of the actual dog Shiba Inu, depicted in a meme of dogecoin

The term “Doge” comes from the flash animated film “Homestar Runner”. In an episode from 2005, the titular character Homestar called another character “DOGE”. Five years later, in 2010, Sato posted the image of Cabosu on his personal blog, without realizing that the photo would start a life of its own.

“I took the photos to update my blog,” Sato said in a statement. “I take a lot of pictures every day, so that day was not unusual. Kabosu loves to photograph her, so she was glad the camera was aimed at her. “

Related article Money in memes: Dogecoin and fun NFT go viral

Dogecoin has a good year

The price of Dogecoin has risen significantly in 2021, reaching $ 0.70 per coin. However, the asset has fallen significantly since then, in line with the rest of the crypto market, and is currently trading at around $ 0.31 at the time of publication.

The digital cryptocurrency started as a joke, but recently gained popularity when it was adopted by billionaires Mark Kuban and Elon Musk. The Cuban demanded that his sports team, the Dallas Mavericks, accept Dogecoin as payment, and Musk promoted it on Twitter, in particular by tweeting a photo of a dog on the moon.

dogecoin peaked at 70 cents
DOGE / USD reached a maximum of 70 cents. TradingView

Related article Elon Musk prefers Dogecoin to other violas because of the memes

Featured image from Pixabay, Charts from TradingView.com

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