Influential Trader GCR Buys Original Dogwifhat Meme for $4M; WIF Rises
WIF prices surged in the past hour as X users discovered the trader now holds the original image.
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Mar 18, 2024 at 12:34 p.m. UTC
Mar 18, 2024
Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.