Main navigation

Original Doge Meme to Be Auctioned as NFT

News
Mon, 06/07/2021 - 16:31
article image
Alex Dovbnya
Will Doge end up being the most expensive meme ever?
Original Doge Meme to Be Auctioned as NFT
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Atsuko Sato, the Japanese kindergarten teacher behind the Doge meme, wants to get a piece of the crypto craze.

She has just announced that the “meme of the decade” will be auctioned as a non-fungible token. The auction is set to go live on June 8 on the Zora marketplace.

The proceeds will be donated to charity.      

Related
Donald Trump Claims Bitcoin Is a Scam, Says It Should Be Regulated "Very Very High": Fox Business Interview
The event will be curated by online meme encyclopedia Know Your Meme.

The Doge meme started with Sato sharing photos of Kabosu, her adopted female Shiba Inu dog, on Feb. 23, 2010.

Her photo became viral several months later after it was shared on Reddit in October 2010.

Doge
Image by /r/KnowYourMeme

The meme later inspired programmers Billy Markus and Jackson Palmer to create a Bitcoin parody called "Dogecoin" in 2013. Fast-forward to 2021, the meme cryptocurrency reached a market cap of $90 billion after being actively shilled by Tesla CEO Elon Musk and his army of hodlers. Its current market value is roughly $47 billion.         

article image
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.