13/09/2021 Degenerate Ape NFT Sells for More Than $1M on Solana. The sale is a record for the layer-1 rival to Ethereum.

A Degenerate Ape Academy non-fungible token (NFT) on the Solana blockchain was sold Saturday for 5980 SOL, or about USD $1.11 million, in the largest-ever NFT sale on the rival to the Ethereum blockchain.

 

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Apparently not content with having shelled out more than $1 million for an NFT of a scarred zombie ape with a halo eating a brain, Moonrock Capital, a Europe-based blockchain advisory and investment firm, announced a few hours later it had purchased a CryptoPunks knock-off NFT also on the Solana blockchain for 1388 SOL, or USD $257,446.24.

While the NFT craze initially focused on the Ethereum blockchain, that very popularity caused traffic and fees on Ethereum to skyrocket. As a result, rivals like Solana with much lower fees and traffic have taken off.

And the price of Solana’s native token has followed suit, with the coin’s market capitalization hopping over XRP and dogecoin, becoming the world’s sixth-largest cryptocurrency with a value of $54 billion compared with XRP’s $43.5 billion and DOGE’s $32 billion.

A month ago, one SOL could have been had for about $40. After hitting an all-time high earlier this week of more than $200, in recent trading the token was changing hands at about $185.

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https://www.coindesk.com/business/2021/09/11/degenerate-ape-nft-sells-for-more-than-1m-on-solana/

Interesting NFTs
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By OthersideDeployer
Mars House
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One of 3840 Female punks.
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The Investor's Dream
The second "Visual Toy" about cryptocurrency and its universe that continues the exclusive collection on this theme. After the first Visual Toy, dedicated to the cryptocurrency itself, this visual toy is the other side of the coin. It represents, as its title tells us, the investor's dream, the current person and his financial hopes. A surreal fantasy of the dreams and longings of every investor, in this case the crypto investor. In this magical, happy and colorful dream, aspirations of all kinds intermingle, both the desire for great benefits, represented in a long animation that shows us a production cycle or series production that ranges from the gastronomic recipe of a two-ingredient cake. Bitcoin slice and Ethereum smoothie, passing through magic, represented in a fairy that transforms the cake into real money, which is sucked into a giant capsule to accumulate it and multiply it. The rest is full of investor aspirations, which appear in their dreams in the form of profits or screens that announce that values are rising steadily, as well as physical possessions, such as the sailboat, the helicopter, homes and other objects or possibilities. A dream full of happiness, fun and hope.