Elon Musk’s Tweet About NFTs Becomes An NFT And Goes For $1.1M

Elon Musk’s Tweet About NFTs Turns into An NFT And Goes For $1.1M

NFTs appear to have develop into the most recent fad inside the crypto house. None-fungible tokens stand alongside issues like Dogecoin’s memes in addition to Bitcoin’s adoption by the world’s establishments.

Elon Musk stands as a picture of all three of this stuff, it appears, as Tesla, the place he’s CEO, had bought a spectacular quantity of Bitcoin holdings and he had advocated for the Dogecoin inventory dump. Now, nonetheless, evidently he’s additionally participating within the NFT house, with the house itself having been exploding in worth for a while now.

Memes Upon Memes

In true Elon Musk style, the CEO of Tesla declared he would promote an NFT, one which’s a music of how hyped the NFT house is. Even the video portion of the music is a glorified meme: A pair of diamond arms are depicted beneath a moon, with Shiba Inu canine,  the mascot of Dogecoin, circling round it. It’s a pure meme at its best.

The NFT itself isn’t even out there but, however the glories of the crypto world didn’t make that cease anybody: Crypto customers discovered learn how to tokenize the tweet itself, and at the moment are buying and selling it to check the worth of the upcoming “reputable” NFT.

Hundreds of thousands of USD For A Tweet About an NFT As An NFT

The Valuables platform is presently itemizing Elon Musk’s tweet about an upcoming NFT, promoting it as an NFT. Valuables as a platform enable for Twitter customers to start out making affords on digital variations of any and all tweets inside the Twitter platform.

NFTs Will Explode In Popularity According To New Report

Within the matter of lower than an hour, the NFT about an NFT announcement managed to go from $three to $100,000 in bidding. Amongst people who have been bidding was Loopify, an NFT curator, in addition to WSBChairman.

On the time of writing, the very best bid is $1,121,000. This comes after a spectacular double-down bidding struggle between sinaEstavi and blackkingsun. sinaEstavi is presently the profitable bid, on the time of writing.

Elon Musk Being Elon Musk

Now, the humorous half is the truth that individuals aren’t even satisfied that the tweet itself will likely be bought. Some are shopping for it as a joke, whereas others see it as a strategic transfer.

Now, if Elon Musk opted to simply accept the provide of tokenizing the tweet, the person would get 95% of the ETH within the bid, getting it inside the hour. The remaining, after all, will likely be a part of the payment for {the marketplace} itself.

Now, that is all assuming Elon Musk even needs to tokenize the tweet, to start with, and that’s not even speaking concerning the precise NFT he plans on promoting finally. You by no means fairly know what’s going to occur subsequent with Musk, as the person has lately began to check with himself because the “Technoking of Tesla”.