The meme was put up for auction on Tuesday by the owner of Kabosu. The auction continued for 3 days before being sold to @pleasrdao.
The excited, infamous-looking Shiba Inu who is very prominent among the internet’s meme sharing groups and pages, has leveled up in its reputation. In the first ever, the meme has been sold for a whopping USD 4 million or Rs 29.29 crore as a nonfungible token or NFT, making it the most expensive meme NFT to date.
The meme was put up for auction on Tuesday by the owner of Kabosu. The auction continued for 3 days before being sold to @pleasrdao.
1. Meme first emerged in 2013
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The ‘doge’ first appeared in 2013, with Comic Sans text depicting the fictional inner monologue. It quickly gained momentum in the meme arena, with a different version of the dog’s internal monologue, made by the netizens.
2. Dogecoin was named after ‘doge’
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The cryptocurrency Dogecoin was made by two software engineers in honour of the meme. But, as per reports by Barron’s report from May this year the crypto has been described as “too important to laugh off”. The overlaid text used in the meme uses modification structures like “much hungry” or “very NFT”.
3. The meme was sold by Atsuko Sako, the owner of the legendary “Doge”
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The meme went on the online auctioning website called Zora. The highest bidder, @pleasrdao, was declared the winner with a bid of 1,696.9 Ethereum cryptocurrency, which is worth around USD 4 million.
4. “Meme of the Decade”
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It won the best “meme of the decade in 2019. "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," said Don Caldwell, editor-in-chief of the internet meme database Know Your Meme, which certified Doge before the auction to gain the best and rightful bidder of the meme.
5. ‘Doge,’ taken from ‘Homestar Runner’
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The origin of the term ‘doge’ lies in the flash cartoon ‘Homestar Runner’ where the eponymous character Homestar called another character his “D-O-G-E”. It was in 2010 when Sato posted a photo of Kabosu which took the internet by storm.
