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NFTs Are Not Only Taking The Crypto World, But Also Twitter By Storm

NFTs Are Not Only Taking The Crypto World, But Also Twitter By Storm

NDTV
Wednesday, September 1, 2021 5:32 AM GMT

The mania is reaching fever pitch on Twitter, the main hangout of crypto enthusiasts, where users are trading stories of expensive purchases and huge returns

NFTs are red hot and it appears like everyone speculating on the digital images wants to make that abundantly clear in the social media cryptosphere. Sean Kelly said he's a 24-year-old that recently helped launch Chibi Dinos NFT, and sold nearly 10,000 cartoonish dinos for $2 million within 18 minutes. EtherRock, which are digital pictures of cartoonish rocks, are fetching hundreds of thousands of dollars. In the last week, a CryptoPunks image of a head sold for $4.5 million, according to industry tracker NonFungible.com. So here is the insane story I promised to share.We bought a @Pudgy_Penguins for @ZenGo last week. We love it and called him Zenguin. We use it as a mascot and maybe moreSince I have been active in the community to learn. I find it fun and amazing.I discovered a surprise https://t.co/sSDeZ9GS7Ypic.twitter.com/ALWR1VLygx Two months ago, someone purchased this Fidenza NFT for $1,300.Today, it sold for $3.3 million. pic.twitter.com/2WDlbpWxq0 this JPEG of a tulip is selling for $3.2 million pic.twitter.com/7ppboKsBwO The mania is reaching fever pitch on Twitter, the main hangout of crypto enthusiasts, where users are trading stories of expensive purchases and huge returns. Stories of lives changed as NFTs skyrocket in value abound. Among the hoopla, unit sales of NFTs have more than doubled since June, per NonFungible. Andrew Kang, founder of Mechanism Capital, recently bought two digital rocks for about $200,000 each, he said. Companies are investing in NFTs as well: Crypto wallet ZenGo just bought a digital penguin as a mascot.
Read full story on NDTV
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