Dogecoin has been in the news in the last few months for its frequent captures of Elon Musk’s tweets and also for its iconic ‘Doge’ meme. On Friday, an image of the ‘Doge’ meme was sold as a non-fungible token (NFT) for a whopping $4 million amid the rising popularity of NFTs.

Advertisements

Who invented the Doge’ meme

The ‘Doge’ meme, which is a picture of an excited Japanese Shiba Inu dog called Kabosu, first appeared in a blog by Atsuko, the Kabosu owner, in 2010. In the meme, the Kabosu appeared to look at the owner with a very funny expression.

The Tumblr blog Shiba Confessions saw the image and reported on it adding the comic sans to it before the edited meme became dogecoin cryptocurrency signature.

Advertisements

The ‘Doge’ meme image is one of the most expensive NFTs to be sold

Someone took advantage of Dogecoin’s rise to fame in 2021 and the price surge and decided to sell the NFT image of the ‘Doge’ meme and on Friday the NFT image sold for $4 million, which was placed was 1,696.9 ETH.

Advertisements

Before the auction commenced, Don, the editor-in-chief of the internet meme database Know Your Meme that was involved in certifying that the meme was being sold by its rightful owner said,

“We’re so happy to be a part of this milestone in internet history. If any meme deserved to be the new meme NFT record holder, it’s Doge.”

The auction took place on Zora.