CryptoDickbutts, a group of Ethereum non-fungible tokens (NFTs) based mostly on widespread meme tradition created by comedian e book artist Okay.C. Inexperienced in 2006, has shot up on the checklist of notable NFT collections on OpenSea. Day by day buying and selling quantity for assortment is up 769 % on the time of writing to 907 ETH (roughly Rs. 12.89 lakh), shifting Dickbutts to the highest spot when it comes to rating for the day, above established initiatives like NFTiff, CryptoPunks, and Bored Ape Yacht Membership (BAYC).
In March 2021, Dickbutts launched a group of 161 NFTs on Ethereum, later named the OG Assortment. 5,200 NFTs have been subsequently launched underneath Sequence 3 in August 2021.
Initially created very similar to his memes, as a joke, it rapidly grew to become an NFT value holding; particularly amongst CryptoPunk holders.
The most affordable CryptoDickbutt from Sequence 3 presently sells for 3.99 ETH or simply over Rs. 5.6 lakh on the time of writing. That’s the highest the Dickbutts flooring worth has ever been.
It’s nonetheless simply the No. 26 NFT challenge when it comes to a flooring worth, in line with NFT Worth Ground. However the regular rise of CryptoDickbutts is reflective of an underlying enthusiasm backing the neighborhood and continued demand for it, pushed partly by meme tradition. Whereas some NFT initiatives fade out of recognition as rapidly as they begin trending, CryptoDickbutts has confirmed to be resilient when it comes to curiosity.
The challenge has no set highway map and is ruled by the CryptoDickbutt DAO, which incorporates notable names like Steve Aoki, Blondish, and ProbCause.
Whereas it is not apparent what brought on the sudden surge, it’s thought that Twitter consumer Meltem Demirors, with over 250,000 followers, might have been the catalyst to CryptoDickbutt’s sudden surge after internet hosting an “emergency” Twitter Areas to speak about “the prophecy and the epic bang.”