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Top 7 Expensive Meme NFTs: Dogwifhat Breaks $4.3 Million Record
Exploring Internet Culture: A Review of the Seven Expensive Meme NFTs
The integration of internet culture and cryptographic technology has given rise to a series of captivating Meme NFTs. Recently, a photo of a Shiba Inu wearing a knitted hat sold for an astonishing price of $4.3 million, setting a new historical record for Meme NFTs. This phenomenon has drawn attention to the Meme NFT market. Let's take a look back at those Meme NFTs that once created sky-high prices.
Dogwifhat: 4.3 million USD
Last week, an NFT named Dogwifhat was sold for 1,210.759 ETH (approximately 4.31 million USD). The photo was taken in 2018 and features a Shiba Inu named Achi wearing a knitted hat. The Dogwifhat meme began to gain popularity at the end of 2019, and recently, a certain cryptocurrency related to it has surged in value, further driving up the price of this NFT.
It is reported that this NFT was purchased by a well-known cryptocurrency trader through a digital art platform. After deducting related fees, Achi's owner is expected to earn approximately $4.1 million.
Doge: 4.2 million USD
Before Dogwifhat, the Doge meme held the record for the most expensive Meme NFT. In June 2021, a photo of the Shiba Inu Kabosu taken by Japanese kindergarten teacher Atsuko Satō was sold for 1696.9 ETH (approximately $4.234 million). Doge is not only an important part of internet culture but also inspired the first meme coin in the crypto world.
Buyers split Doge NFT into billions of tokens, creating significant market value and driving the formation of an ecosystem composed of Doge enthusiasts.
Pepe the Frog: 3.5 million USD
In October 2021, the original Pepe the Frog Genesis NFT created by Matt Furie was sold for a high price of 1000 ETH (approximately 3.5 million USD). This green cartoon frog image holds an important place in both internet and crypto culture and inspired a successful meme coin on Ethereum last year.
This NFT represents the first Pepe comic created by Furie in November 2006. The original buyer was an NFT fund formed by a certain crypto hedge fund and anonymous investors. Subsequently, due to the fund's bankruptcy, this NFT was transferred to a crypto industry executive.
Charlie bit my finger: $761,000
In May 2021, the early viral YouTube video "Charlie Bit My Finger" also joined the NFT craze. The NFT version of this video was sold to a collector in Dubai for $760,999. The parents of the two little boys in the video hoped to raise funds for their children's college tuition through the NFT sale.
Nyan Cat: $590,000
In February 2021, the NFT version of the pixel animation Nyan Cat was sold for 300 ETH (approximately $590,000). This auction is considered the beginning of the rise of meme NFTs as an asset class, leading many well-known meme creators to follow suit and tokenize their works as NFTs.
Disaster Girl: $430,000
In April 2021, the original photo NFT of the "Disaster Girl" meme was sold for 180 ETH (approximately $430,000). This meme originated from a photo of Zoe Roth as a child, making a mischievous smile in front of a burning building, and later became a classic expression of schadenfreude.
Overly Attached Girlfriend: $411,000
In the spring of 2021, Laina Morris minted an NFT of her "Overly Attached Girlfriend" meme photo that went viral in 2012, ultimately selling for 200 ETH (approximately $411,000).
The emergence of these overpriced Meme NFTs not only reflects the deep integration of internet culture and blockchain technology but also provides meme creators with a new way to monetize their works. As the NFT market continues to evolve, we may see even more stunning Meme NFT transactions.