Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Tungsten Cubes Is Now a Popular NFT, Raises $100K on Solana

Published 10/23/2021, 05:06 AM
Updated 10/23/2021, 05:30 AM
Tungsten Cubes Is Now a Popular NFT, Raises $100K on Solana

  • Tungsten cubes are now a popular NFT and not a mere meme coin.
  • As it is still young, the Tungsten Cube NFT has raised $100k for Coin Center under the Solana blockchain.
  • Analyst “The Crypto Dog” believes Solana is the strongest crypto at the moment.

According to a report, Tungsten Cubes are no more just a meme coin again but a popular non-fungible token called Tungsten Cube NFT. By entering the NFT world, the Tungsten Cube NFT has raised $100,000 for Coin Center on the Solana blockchain. However, citing from the report, the crypto community should note and treat the Tungsten Cubes the same as NFTs.

Meanwhile, in the sales event, Tungsten Cube NFT pledged to give royalties to Coin Center mainly from its first trading. Looking at how Tungsten cubes suddenly turned to NFT, Coin Center Head of Communications Neeraj Agrawal gave his opinion.

Now I have to explain how we made tungsten cubes a crypto meme, then there was an NFT backed by tungsten cubes that became hotly traded. It makes no sense to anyone who doesn’t pay attention to this stuff.

Additionally, Coin Metrics Co-founder Nic Carter is among the core influencers who contributed greatly with tweets changing the cubes to a meme, and thereafter an NFT. Of note, Midwest Tungsten created the NFT auctioning on OpenSea.

According to the report, if the NFT gets destroyed later, Midwest Tungsten will ship the physical cube directly to the owner. At the moment, the highest bid of the NFT is now at 5 Wrapped ETH.

On the other hand, one of the full-time crypto traders and on-chain analysts “The Crypto Dog” is back again with a series of tweets about Solana (SOL). As per the analyst, he strongly believes that Solana is the strongest crypto asset in the market right now.

Based on Solana’s performance nowadays, “The Crypto Dog” mentioned that he is fully prepared to concentrate on SOL from now on. This shows that he is a die-hard fan when it comes to Solana. At the time of writing, Solana ranks as the sixth-largest cryptocurrency on Coingecko.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.