Doge Might Be Stealing Thunder But NFT Craze Not Over: Mark Cuban's Lazy Display Amasses 200,000 Visitors In Less Than A Month

Dogecoin (DOGE) might be stealing all the headlines this, hitting a new all-time high and getting frequent love from Tesla Inc. TSLA CEO Elon Musk — but that doesn't seem to have hindered the momentum of the non-fungible token trend.

What Happened: Mark Cuban’s “Lazy” NFT art gallery has grown to 200,000 users in less than 30 days of its launch. The “Shark Tank” fame investor’s gallery said in a newsletter that despite having built the online art gallery in a “minimalistic way” it was blown away by the users’ “ incredible NFT portfolios.”

Last month, Cuban had said that he “wanted an easy way to show my NFTs and a way to put them in my social bios, my email signature, and any place I can stick a URL.”

He claimed such an easy way had not existed before 

Why It Matters: NFTs have been in the limelight as everyone from Snoop Dogg to the Intercontinental Exchange Inc ICE-run New York Stock Exchange jump in on the action

See Also: Snoop Dogg Prepares To Smoke A Dogge Coin With Elon Musk 'On Tha Moon' As His NFT Pieces Sell Fast

A lot of NFT auctions are denominated in Ethereum (ETH), which too rose to an all-time high on Wednesday. The cryptocurrency then went on to chart another high of $2,480.85 nearly an hour before press time.

On Thursday at press time, ETH traded 4.98% higher at $2,455.93.

Even robots have managed to sell their artwork in the current NFT boom. A humanoid machine “Sophia” successfully sold her NFT art for $700,000 last month.

There is no dearth of weird NFTs ranging from toilet paper to art featuring Pringles. It comes as no surprise that there should be demand for a place where collectors can display their art.

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsMarketsBitcoinLazy.comMark CubanNFTNFTsnon-fungible tokens
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!