Dogecoin NFT Has Risen to $110 Million

Dogecoin NFT has risen to $110 million. The "Segregated NFT" study of the dog breed Shiba Inu saw a value of 110 million dollars.

The "Segregated NFT" work of the dog breed Shiba Inu, representing Dogecoin, reached a value of 110 million dollars. Known as the new trend of NFT technology, F-NFT, or Segregated NFTs, is carefully watched by the crypto ecosystem.

Fractional NFT

It is possible to think of the term “Fractional NFT”, which was put forward through an article in 2017, as segregated or divided. Unlike traditional NFTs, the asset does not have a single owner. Thus, very expensive digital artworks meet art lovers with a more democratic method. Dissociated NFTs can enable art to reach all segments of society.

Feisty Doge

The parsing of the work was carried out by the young crypto lover CryptoPathic (Pathic for short). However, it is known that the work was "minted" months ago. User nicknamed CryptoPathic uploads the NFT of the Feisty Doge artifact to the Fractional platform and parses it. As a result, the Dogecoin community's interest in the work is rising. As a result of the conversion of the NFT artifact to the ERC-20 token, the token named NFD performs a parabolic movement. The artwork becoming a token makes it possible to purchase it on decentralized exchanges such as Uniswap and Sushiswap. The price of the NFD token then goes into a correction and we see that it is worth 60 million even as it corrected.