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"Doge" Becomes Most Expensive Meme, Fetching $4 Million Worth of Ether

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Fri, 06/11/2021 - 17:38
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Alex Dovbnya
Much wow. Very money. So Doge
"Doge" Becomes Most Expensive Meme, Fetching $4 Million Worth of Ether
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While very few people know Atsuko Sato, a kindergarten teacher from Japan, she is actually responsible for the world’s most expensive meme.

Doge has just been sold for a staggering $4 million (1696.9 ETH) as a non-fungible token on the Zora marketplace.

Doge
Image by zora.co

Last week, as reported by U.Today, Sato announced that the iconic photo of her female Shiba Inu dog would be auctioned as an NFT, and all proceeds would go to charity.

Related
Elon Musk Laughs at People Who Get Into Dogecoin Based on His Tweets

Doge had a massive spike in popularity this year because of the Dogecoin cryptocurrency, which is being routinely shilled by Tesla CEO Elon Musk. The Bitcoin parody was originally launched in 2013 before gaining significant popularity.   

The auction winner is decentralized autonomous organization PleasrDAO. It managed to race ahead of @TwoDollaHotDoge, an avid Dogecoin supporter, during the last minutes of the auction.

Musk—who would have easily outbid everyone with his pocket change— has stayed mum about the event.

Prior to Doge, Zoë Roth's "Disaster Girl" was the most expensive meme NFT. It was sold for $573,136 back in April.  

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.