Dogecoin ($DOGE) is establishing NFT dominance with one multi-million-dollar NFT sale after another. After being auctioned for 15.6 ETH ($33,500) in June, the Sad DOGE NFT was resold for $2 million. Sad Doge is the most expensive NFT in the last 24 hours, with a price tag of $2 million USD. Because the previous owner ignored an earlier 30 ETH, i.e., over 94,000 USD bid from the same bidder, the latest buyer utilized USDC to purchase the DOGE NFT.
Sad Doge NFT receives $2 million in funding.
While the first sale of sad doge on the Zora NFT marketplace did not reach the high price tag, it has since reached the status of millions. The Melancholy Doge image of Kabosu, the Shiba Inu, depicts a fairly unusual aspect of the dog, since owner Atsuko Sato shot her looking sad.
Unsurprisingly, the hidden treasure of the internet’s meme battlefield has risen in popularity, being exploited by meme makers all around the world. TwoDollaHotDoge, a person going by the username, placed the legendary 2 million USD bid on this meme sensation and obtained the Sad DOGE NFT.
Excited Doge NFT receives $4 million
This was not DOGE NFT’s first foray into the multi-million-dollar market. In June of this year, a photo of an ecstatic Kabosu, a Shiba Inu, was sold for a whopping $4 million, making it the most expensive meme NFT of all time. The winning offer was 1,696.9 ETH, which totaled to around $4 million, and was also placed on the auction site Zora.
DOGE’s debut into the multi-million-dollar NFT arena has piqued the market’s interest as NFT becomes the latest internet obsession. While the DOGE community continues to back DOGE trends, the cryptocurrency’s NFT could be the next big thing on the decentralized blockchain.