Japanese dog Shiba Inu memes auctioned for 29.29 crore, breaks all record
'Doge', the image of an excited-looking Shiba Inu considered one of the internet's most iconic and renown memes, has created a record. It meme has been sold as a nonfungible token, or NFT, for USD 4 million, or approximately Rs 29.29 crore, making it the most expensive meme NFT of all time.
The meme was first put up for auction on Tuesday by Atsuko Sato, who is the owner of Kabosu, the dog from the image. It ran for roughly 3 days before being sold to @pleasrdao.
The meme was sold by Atsuko Sato, the owner of the eponymous "Doge"
![The meme was sold by Atsuko Sato, the owner of the eponymous The meme was sold by Atsuko Sato, the owner of the eponymous](https://english.cdn.zeenews.com/sites/default/files/2021/06/15/944055-dog1.jpg)
Meme was first shared in 2013
![Meme was first shared in 2013](https://english.cdn.zeenews.com/sites/default/files/2021/06/15/944054-dog2.jpg)
Cryptocurrency Dogecoin was named after this meme
![Cryptocurrency Dogecoin was named after this meme After the meme became popular in 2013, two software engineers created a cryptocurrency called Dogecoin as a joke in the meme's honour.](https://english.cdn.zeenews.com/sites/default/files/2021/06/15/944053-dog3.jpg)
After the meme became popular in 2013, two software engineers created a cryptocurrency called Dogecoin as a joke in the meme's honour. But, as Barron's reported in May of this year, the crypto is "too important to laugh off." Text used over the "Doge" meme typically uses an improper modification structure, crafting phrases like "much hungry" or "very NFT."
Won 'Meme of the Decade' award in December 2019
![Won 'Meme of the Decade' award in December 2019 Caldwell added that Doge, which he called](https://english.cdn.zeenews.com/sites/default/files/2021/06/15/944052-dog4.jpg)
"We're so happy to be a part of this milestone in internet history. If any meme deserved to be the new meme NFT record holder, it's Doge," said Don Caldwell, editor-in-chief of the internet meme database Know Your Meme, which certified Doge ahead of the auction to ensure that the meme was being sold by its rightful owner. Caldwell added that Doge, which he called "one of the most iconic memes in internet history," had previously won Know Your Meme's 'Meme of the Decade' award in December 2019.
Term Doge taken from 'Homestar Runner'
![Term Doge taken from 'Homestar Runner' The term](https://english.cdn.zeenews.com/sites/default/files/2021/06/15/944051-dog5.jpg)