37 min
Meme Coin Craze Begets NFT Season All About Affordable NFTs
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- Technology
Meme coins and Non-Fungible Tokens (NFTs) have emerged as fascinating elements in the world of cryptocurrency, each uniquely intertwining aspects of pop culture, humor, and creativity with blockchain technology. Meme coins, like Dogecoin and Shiba Inu, have gripped global attention, gaining a community-driven momentum that propels them into the mainstream spotlight. This surge in interest often seems to preface an upswing in NFTs, a phenomenon that could be attributed to the growing interest in unconventional and playful components of the crypto universe that these meme coins symbolize.
Dogecoin's Daily Transaction Reached Lifetime Highs After 'DRC-20' Tokens Introduced
Historically, significant interest in meme coins has preceded an NFT boom. A prominent example of this trend was seen in late 2020 and early 2021 when the Dogecoin craze was swiftly followed by an NFT frenzy, where digital art, collectibles, and more were being bought and sold at staggering prices. This pattern not only reflects buyer behavior but also the transition of artists, creators, and developers from the meme coin space to the NFT arena, bringing along their innovation and fan base. Thus, while not a rigid rule, the symbiotic relationship between meme coins and NFTs in the crypto landscape is a captivating trend to observe and analyze.News
Pudgy Penguins Releases Toy Line, Earns $500,000 in 48 HoursPudgy Penguins Raise $9M Amidst NFT Bear Market
The Block: Active NFT traders drops to lowest point since 2021 as FOMO wanes
Bitcoin Frogs outpaces Bored Apes to become hottest NFT collection during past 24 hours
Checks Elements: Bridging the Gap Between Physical and Digital Art with NFTs
What is ERC721-C and Why Should You Care?
Ledger Seed Recovery Feature Raises Eyebrows
Transforming Dust Into Prizes: LooksRare's NFT Raffle Hits the Market - Blockworks
Moonbirds and Spotify Launch NFT Gated Playlist
Axie Infinity Rolls Out ‘Lite' Version of Crypto Game on Apple App Store - Decrypt
Meme coins and Non-Fungible Tokens (NFTs) have emerged as fascinating elements in the world of cryptocurrency, each uniquely intertwining aspects of pop culture, humor, and creativity with blockchain technology. Meme coins, like Dogecoin and Shiba Inu, have gripped global attention, gaining a community-driven momentum that propels them into the mainstream spotlight. This surge in interest often seems to preface an upswing in NFTs, a phenomenon that could be attributed to the growing interest in unconventional and playful components of the crypto universe that these meme coins symbolize.
Dogecoin's Daily Transaction Reached Lifetime Highs After 'DRC-20' Tokens Introduced
Historically, significant interest in meme coins has preceded an NFT boom. A prominent example of this trend was seen in late 2020 and early 2021 when the Dogecoin craze was swiftly followed by an NFT frenzy, where digital art, collectibles, and more were being bought and sold at staggering prices. This pattern not only reflects buyer behavior but also the transition of artists, creators, and developers from the meme coin space to the NFT arena, bringing along their innovation and fan base. Thus, while not a rigid rule, the symbiotic relationship between meme coins and NFTs in the crypto landscape is a captivating trend to observe and analyze.News
Pudgy Penguins Releases Toy Line, Earns $500,000 in 48 HoursPudgy Penguins Raise $9M Amidst NFT Bear Market
The Block: Active NFT traders drops to lowest point since 2021 as FOMO wanes
Bitcoin Frogs outpaces Bored Apes to become hottest NFT collection during past 24 hours
Checks Elements: Bridging the Gap Between Physical and Digital Art with NFTs
What is ERC721-C and Why Should You Care?
Ledger Seed Recovery Feature Raises Eyebrows
Transforming Dust Into Prizes: LooksRare's NFT Raffle Hits the Market - Blockworks
Moonbirds and Spotify Launch NFT Gated Playlist
Axie Infinity Rolls Out ‘Lite' Version of Crypto Game on Apple App Store - Decrypt
37 min