The World's Grumpiest Cat Finds Love — Fetching $83,000 In NFT Sale

The authenticated non-fungible token edition of “Grumpy Cat,” a 2012 era internet meme, has been sold for more than $80,000.

What Happened: The digitally-certified version of the meme sold for 44.20 ETH or $83,463.74 on the Foundation marketplace on Saturday.

As per the Foundation listing, Grumpy Cat is a New York Times best-selling author, the star of her own Lifetime Christmas movie, and the first cat in history to be honored with a Madame Tussaud’s wax figure.

On Friday, “Bad Luck Brian,” another popular 2010s meme fetched $36,000 at a separate Foundation auction.

Ethereum ETH/USD traded 0.98% lower at $1,888.76 at press time. The apex cryptocurrency Bitcoin BTC/USD traded 1.29% lower at $60,190.38.

BTC reached its all-time high of $61,683.86 on Friday.

See also: What is a Non-Fungible Token (NFT)?

Why It Matters: NFT craze has been picking up momentum of late. Last week, Christie’s auctioned a Beeple NFT artwork titled, “The First 5000 Days” for $69 million.
A Banksy piece called “Morons” sold for $394,000 as an NFT token after the original was destroyed by cryptocurrency enthusiasts.

Even Taco-themed NFTs have found takers with Yum! Brands Inc YUM chain Taco Bell selling those out in no time last week.

Canadian artist Grimes, partner of Tesla Inc TSLA CEO Elon Musk, and Lindsay Lohan too have sold NFT artwork in the current wave of popularity. 

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