- Popular internet memes have raked in $1.77 million as NFTs.
- Meme-inspired NFTs are profiting from the rising popularity of crypto art.
- The rise of NFT reflects the trading volume of various marketplaces.
Popular internet memes have made the most of the ongoing non-fungible tokens (NFTs) trend, raking in $1.77 million in auctions on multiple marketplaces.
In fact, meme-inspired NFTs are profiting heavily from the rising popularity of crypto art. The popularity relies on the ability to securely value, purchase, and exchange digital art using a digital ledger.
For instance, Chris Torres, the creator of the popular meme Nyan Cat, began a series of successful meme NFT auctions. Not just this, but he sold Nyan Cat for around 300 units of the crypto Ethereum – about $516,000 at the time of the auction.
In addition, the American internet star cat named ‘Grumpy Cat’ made $100,860 in an auction. Following that, the ‘Leave Britney Alone’ viral video by Chris Crocker earned $43,027. Also, ‘Success Kid’ returned $35,204.
More expensive meme-NFTs include the “Overly Attached Girlfriend”, which paid in about as much at about $460,000. “Bad Luck Brian” however, wasn’t as lucky but still brought home around $45,500. Notably, the most expensive meme NFT to date is “Disaster Girl,” which brought in more than $573,000 at auction.
The meme is a photo showing a mischievously smiling girl in front of a burning house. When her father took her photo at a fire station drill, Zoe Roth was only four years old. Now at the age of 21, the North Carolinian has seen a way to benefit from her involuntary fame.