News > Doge meme NFT's value flies from $4 million to $220 million overnight

Doge meme NFT's value flies from $4 million to $220 million overnight

Business Insider | 04/09/2021 03:47 PM | Click to read full article

The Doge meme, which is the face of the world’s eighth-largest cryptocurrency, has exploded in value after being fractionalised — or split into 17 billion parts.

The non-fungible token (NFT) was sold for $4 million in June and now its estimated value has ballooned to $220 million. 20% of the Doge meme NFT’s 17 billion pieces were auctioned off on September 2, for anyone to buy.