Non-fungible tokens are seemingly becoming of greater interest to the overall cryptocurrency community. Some of these tokens can go for a fair amount of money, for some reason.
One of these non-fungible tokens was recently minted for roughly $129,000 in ENJ tokens this week.
A High Value for Non-fungible Tokens
That is quite a steep amount for something that one cannot touch in the physical world.
At the same time, these non-fungible tokens are extremely rare, thus their higher value does make some sense.
What makes this token of interest is how it is Dogecoin-themed.
That in itself is interesting for many different reasons.
Dogecoin is often considered to be a joke currency with no real value.
Most people would never expect a Doge-themed non-fungible token to ever amount to such a high value.
It is a very interesting NFT, and one that symbolizes Dogecoin rather perfectly.
It is not the first time that non-fungible tokens attain such a high valuation.
The Monolith, which is the previous most valuable card, is worth just $0.02 less.
While these NFTs are catering to the gaming community as a whole, it remains to be seen how long this value can remain in place.
There is still plenty of work to be done prior to the NFT ecosystem becoming remotely mainstream.
The post Non-fungible Tokens can be Worth Quite a lot of Money appeared first on NullTX.
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