{"id":48877,"date":"2021-09-03T18:04:31","date_gmt":"2021-09-03T15:04:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48877"},"modified":"2025-09-02T09:38:56","modified_gmt":"2025-09-02T06:38:56","slug":"dogecoin-symbol-nft-valued-at-225-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dogecoin-symbol-nft-valued-at-225-million\/","title":{"rendered":"Dogecoin symbol NFT valued at $225 million"},"content":{"rendered":"<p>The original Dogecoin meme-symbol NFT rose to $225 million after a successful fractional sale.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">\ud83c\udf63\ud83c\udf63 GET YO STICKS READY! <a href=\"https:\/\/twitter.com\/search?q=%24DOG&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$DOG<\/a> trading is now live on <a href=\"https:\/\/twitter.com\/SushiSwap?ref_src=twsrc%5Etfw\">@SushiSwap<\/a>.<\/p>\n<p>Ape, hooman, cat, all is welcome on the chef&#8217;s table. Trade here: <a href=\"https:\/\/t.co\/fvbHzFPhMQ\">https:\/\/t.co\/fvbHzFPhMQ<\/a><\/p>\n<p>\u2014 \u2728 PleasrDAOGE \ud83d\udc36\ud83c\udfa5 (@PleasrDAO) <a href=\"https:\/\/twitter.com\/PleasrDAO\/status\/1433515767757082624?ref_src=twsrc%5Etfw\">September 2, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The NFT&#8217;s owner, PleasrDAO, <a href=\"https:\/\/pleasr.mirror.xyz\/7hpdJOWRzQx2pmCA16MDxN2FiA3eY6dwcrnEtXKnCJw\">fractionalised the asset<\/a> on the Fractional.Art platform and sold a portion on SushiSwap&#8217;s Miso marketplace.<\/p>\n<p>PleasrDAO fractionalised the NFT into roughly 17 billion $DOG tokens and sold a 20% stake through an auction. Proceeds amounted to 11,942 WETH (about $47.4 million at the time of writing).<\/p>\n<p>The price of $DOG on Miso was 0.0000035186 WETH, or $0.013 per token at the time of sale, giving the asset a total capitalisation of more than $225.3 million.<\/p>\n<p>In June, the project purchased the NFT for 1,969.6 ETH \u2014 around $4 million at the time.<\/p>\n<p>Fractional values the NFT at $543 million. However, it is unclear what underpins such a figure.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/nxRjpWXzf8_z0sRo1Kjpx_VGb_vt82fWhVRGKHvWjJtJYTsGbqazEpKXPFW8KxlBV-iNvpUfcz3uMb8RG8B_dT7bGX6SgI2SvqORwt7gzcBWMy-XM8yQvEtIZKx91QsBgccEGq1N=s0\" alt=\"Dogecoin symbol NFT valued at $225 million\"\/><figcaption>Source: Fractional.Art.<\/figcaption><\/figure>\n<p>According to PleasrDAO, 25% of the tokens will be allocated to the Dogecoin community fund. The project will retain 55%.<\/p>\n<p>Earlier, ForkLog&#8217;s NFT commemorating the magazine&#8217;s seven-year anniversary <a href=\"https:\/\/u1f987.com\/en\/news\/forklog-nft-auction-to-mark-seven-year-anniversary-sells-for-6-74-weth\">went under the hammer for 6.74 ETH<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The original Dogecoin meme-symbol NFT rose to $225 million after a successful fractional sale.<\/p>\n","protected":false},"author":1,"featured_media":48878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99,1213,1379],"class_list":["post-48877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin","tag-nft","tag-sushiswap"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48877"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48877\/revisions"}],"predecessor-version":[{"id":48879,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48877\/revisions\/48879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48878"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}