The Elon Musk Effect Rocked the NFT Market: Sold for $20,000!

Tesla CEO Elon Musk shared a meme on October 21 that depicts a couple lying on a sofa and watching the price of Bitcoin and Ethereum on a wall monitor. On the meme, it read $69,000 for Bitcoin and $4,200 for Ethereum. For details cryptocoin.com read.

“The last breast lord” Elon Musk

Despite not mentioning the author, he was still happy with Elon Musk’s interest in the “Love in The Time of Web3” meme and sold it for 5 wrapped Ethereum (about $19,800) in two days. Now the meme has been relisted for almost 70 WETH.

Elon Musk reposted this 28-year-old meme and it sold for around $20,000 in just 2 days after NFT.

The meme was created by 28-year-old Eva Beylin, who introduced herself as a “hobbyist”. In the interview he gave, the artist said that he was very excited when he learned that Elon Musk shared his meme, and used the following expressions:

The ultimate reward of memeology is when the last meme lord uses your meme.

Eva Beylin is not the first author of the meme

The night Elon Musk tweeted, “Love in The Time of Web3” was auctioned as an NFT on the Zora platform, and two days later the NFT was sold for 5 wrapped ETH (about $19,800).

By the way, it turned out that Eva Beylin was not the first author, another Twitter user (@shegenerates) chose the photo and shared this photo as a joke. To make up for this, Eva Beylin offered them 20% off the NFT sale. The aforementioned Twitter user did not heed this offer and made a statement. Now Eva Beylin plans to reinvest the proceeds from the sale into other artists’ NFTs. Meanwhile, the buyer of the meme published by Elon Musk relisted it for 69.42 wrapped ETH and promised Eva Beylin 15 percent of the price at which the meme would be sold.

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