Thursday, Christie’s $69.4 million NFT sale sent the art world on fire.
No one had ever traded digital art for that much.
And keep in mind this was purchased entirely in Ethereum for a Ethereum based token.
This is big news to CryptoKitties, after their $170,000 kitty was sold their prices collapsed.
Infinite kitties and limited consumer demand led to collectors scooping up hundreds of kittens for only several dollars.
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Ethereum Update 3/14/2021
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