Dogecoin NFT Collection Is Here!

dogecoin nft collection
A new series of NFTs have joined the crypto space dedicated to Elon Musk

A fresh series of Non Fungible Tokens (NFTs) have joined the crypto space. This new series is dedicated to Tesla CEO, Elon Musk. The series, named Dogs of Elon-DoE, features 10,000 unique dog-inspired NFTs.

From these, users have a lot of K-9 options to choose from. A website with information in the details of this NFT series has also been made live online.

New NFT Series Entry Into The Crypto Space With 10 Thousand Collectibles In The Name Of Elon Musk

This series has also come under discussion on Twitter. In which Dogecoin supporters like Doge are being invited through this series for NFT trade. NFT or non-fungible tokens are virtual collectibles that can be bought with cryptocurrencies.

Responding to a comment on the update, Dogs of Allen’s Twitter handle wrote, “You can now mint NFT and join the pre-sale on our website!”
This NFT series will also include a special sub-collection which will have DoE NFTs of 30 unique allen and 70 zombie dogs.

“As a celebration of the strongest community in crypto, DoE NFTs can be staked to earn $renDOGE and $SHIBA, $DOE for a short period of time. Each deposited NFT is worth one share in this Limited Time Pool. will be equal.” The website told in details.

This will allow each participating address to claim only 20 out of 10,000 DoE NFTs so that everyone has an equal playing field and opportunity.
This series has been in discussion for several days but the millionaire CEO of Tesla has not yet reacted to it.

Each participating address will be limited to claiming only 20 of the $10000 NFTs. While the news has been making the rounds for a few days, Tesla Center billionaire CEO has yet to respond. Several Dogecoin clones such as Shiba Inu, Kishu Inu and many other Dogecoin crypto-cats have gained popularity in recent years. These dog based coins have reasonable values, making them accessible crypto holdings for small investors.

Dogecoin is the most popular meme coin, and while the cryptocurrency began as a joke in 2013, its growth in the United States has been exponential in recent years. According to a recent study conducted across 22 countries by an Australian Cryptocurrency Survey Agency found that the Dogecoin adoption rate in the US is higher than that of Bitcoin and Ethereum.

Dogecoin Debut NFT minted on its blockchain

Earlier, a Dogecoin developer has minted the cryptocurrency’s first-ever NFT on its blockchain, confirming the transaction on Twitter. The person behind the NFT, Inevitable360, garnered attention from not only other developers but also the Dogecoin founder, Billy Markus.

For his hard work, Inevitable360 was tipped with SoDogeTip, a tipping bot launched earlier this month available on both Twitter and Reddit. The developer confirmed the mint only cost 0.1 DOGE (or $0.0018), a stark contrast to NFT minting fees on blockchains such as Ethereum that at times can set you back hundreds of dollars.

While it’s the first NFT to be minted on the Dogecoin blockchain, the efficiency of the transaction could potentially make it a viable project. One of the project’s developers, Michi Lumin, said: “NFTs without the gas fees and less energy usage. V. nice. Also Doge. Wow.”

The recent surge of Dogecoin, helped by its most famous fan, Tesla CEO Elon Musk, who claimed the altcoin will be accepted as payment for Tesla merchandise. 2022 will be an interesting year for Dogecoin, which currently ranks as the 10th biggest cryptocurrency, according to CoinMarketCap. The fanfare of its first NFT could mark a more permanent venture in that space.

 

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