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Dogecoin Creator Launches 5th Crappy Dogecoin Doodles NFT

Dogecoin Creator Launches 5th Crappy Dogecoin Doodles NFT
  • Billy Markus has just launched another NFT in his “Crappy Dogecoin Doodles” series.
  • As for now, the NFT’s price is 0.069 ETH.
  • Rarible, an NFT token marketplace, sells the doodles.

The latest in “Crappy Dogecoin Doodles” is a hastily drawn Shiba Inu dog that lying in a field. It is the fifth Non-Fungible Tokens from a series of doodles Dogecoin creator Billy Markus has been working on since June.

He shared the news on his Twitter.

Markus also said on Rarible:

For this week, I attempted to draw the Doge with her paws crossed from memory. This was the result.

As of now, the auction price of the NFT is 0.069 ETH ($140). Of the final selling price, Markus will take only 10%. The sale will last until next week where 420 copies of the token will be up for auction. Later, he will burn the ones that don’t sell, the developer noted. In fact, Markus will burn all unclaimed doodles from the series before launching the next NFT to create scarcity. This should, in effect, make it easier for original buyers to resell the NFTs.

Markus’s doodling venture started out just last month, when he launched the first “Crappy Dogecoin Doodle”, claiming he made it in his “underwear”. Interestingly, the doodle was initially a sort of test-run for more serious NFTs such as Capped Dogecoin. Users however had a high demand for the drawings. The first token sold for 1500 times Markus’s asking price, at $3,192.

So far, 39 Dogecoin-themed NFTs exist, coming from the DOGE creator himself. Although the coin itself cannot support the tokens, that does not hinder their popularity. They are minted on the Ethereum blockchain. Markus sells them through the NFT token marketplace Rarible.

Markus says he will continue making the NFTs as long as there’s demand for them.

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Lisa is excited about all things tech. She devotedly follows blockchain and crypto updates, sharing her passion through writing about it. She is a regular contributor for cryptocurrency news and articles.