• Thu. Oct 31st, 2024

Memecoin Speculators Push ZachXBT’s Free NFTs to $12 Million Market Cap

Oct 31, 2024

A free NFT released last month by blockchain sleuth ZachXBT to commemorate an investigation into a $243 million crypto scam is now changing hands for 1 ETH ($2,700).

243M Theft NFT

The collection of 3529 NFTs was minted on Zora, a marketplace that operates on its own Ethereum Layer 2 network. In August, Zora introduced ‘onchain secondary markets,’ essentially making new NFTs minted on its platform exchangeable for ERC20 tokens that can be traded on decentralized exchanges like Uniswap.

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[Source: TheDefiant]

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