Joke crypto’s meme sells for $5m

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With billionaire fans like Elon Musk, it’s the most expensive meme to sell as a non-fungible token, or NFT.

The dog meme known as “doge” was sold in an auction Friday for approximately $US4 million to an unidentified buyer with the Twitter handle @PleasrDAO.

The money goes to Japanese kindergarten teacher Atsuko Sato, the owner of the actual Shiba Inu dog pictured in the meme. The meme has been popular on internet forums like Reddit and Tumblr since early 2010, but reached new highs as the face of cryptocurrency Dogecoin.

 

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