This is partly thanks to the prevailing surge in cryptocurrency prices in 2021 and to the sudden flurry of activity in NBA Top Shot, a virtual marketplace for trading basketball highlights that uses NFTs. There has certainly been a lot of hype around NFTs over the past few weeks. Weren’t you saying a week ago that NFTs might be a bubble? This seems pretty serious! Sun is known for his extravagant spending, recently bidding $2 million for an NFT attached to Twitter CEO Jack Dorsey’s first tweet.
Christie’s has declined to name the winner, though Bloomberg is speculating that it’s Justin Sun, founder of the cryptocurrency platform Tron, because he bid the hammer price of $60.25 million.
