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Original Doge Meme to Be Auctioned as NFT

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Mon, 7/06/2021 - 16:31
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Original Doge Meme to Be Auctioned as NFT
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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.

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The proceeds will be donated to charity.      

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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.

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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.         

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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