An NFT of the famed “Doge” picture sold for a record-breaking figure on the auction website Zora on Friday, according to NBC News.
The fortunate bidder was revealed as user @pleasrdao, who paid $1,696.9 in Ethereum, which is now valued at almost $4 million.
The transaction essentially makes “Doge” the most expensive NFT meme to date, topping “Disaster Girl,” “Nyan Cat,” and “Bad Luck Brian” in terms of sale prices.
Before this week’s sale, the Know Your Meme database validated the “Doge” meme, according to NBC News.
The team revealed that Atsuko Sato, the owner of the Shiba Inu featured in the meme, was selling the NFT.
“We’re ecstatic to be a part of this momentous occasion in the history of the internet.”
Doge, more than any other meme, deserved to be the new meme NFT record holder, according to Don Caldwell, editor-in-chief of Know Your Meme.
A percentage of the revenues from the sale will be donated to charities such as the World Food Program and the Japanese Red Cross Society.
Sato shared a photo of her rescue dog, Kabosu, in 2010, approximately three years before the image became a meme, according to Know Your Meme.
The animal was subsequently dubbed “Doge” on the internet, a slang term that originated in the once-popular online series Homestar Runner.
The joke has now become the face of Dogecoin, a hugely popular cryptocurrency championed by Mark Cuban, the Winklevoss twins, and Tesla CEO Elon Musk.
MUCH WOW — the original #Doge meme just sold as an NFT for 1696.9 ETH ($4M USD)
This is a record for the most expensive meme NFT EVER!
Congrats to the bidder & seller! (Proceeds of the sale go to charity — such philanthropy!)
— 💸💸💸 (@itsALLrisky) June 11, 2021
SpaceX launching satellite Doge-1 to the moon next year
– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space
To the mooooonnn!!https://t.co/xXfjGZVeUW
— Elon Musk (@elonmusk) May 9, 2021
Found this pic of me as a child pic.twitter.com/hUEKluRAdP
— Elon Musk (@elonmusk) June 2, 2021