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Home Crypto News Market Dogecoin (DOGE) Founder Slams Madonna for Misleading About Her Bored Ape Yacht...

Dogecoin (DOGE) Founder Slams Madonna for Misleading About Her Bored Ape Yacht Club (BAYC) Purchase

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Dogecoin (DOGE) Founder Slams Madonna.



Shibetoshi Nakamoto, the pseudonymous founder of popular meme coin Dogecoin (DOGE), has slammed popular American pop artist Madonna for claiming she bought a Bored Ape Yacht Club (BAYC) non-fungible token (NFT). 

Commenting on a post made by Boardroom, a business and sports platform, the Dogecoin creator alleged that the so-called “Queen of Pop” did not purchase the BAYC NFT using her money; instead, the digital collectible was purchased by Moonpay and gifted to the artist. 

Moonpay purchased a Bored Ape for Madonna and Madonna pretended she bought it* FTFY,” Dogecoin founder said in a tweet

Marketing Stunt

According to the outspoken cryptocurrency developer, the move was part of marketing efforts by Moonpay and the BAYC team.  

While the BAYC team intends to make prospective investors believe that celebrities are also buying the digital collectible, Moonpay plans to use the development to lure more people into using the platform for NFT purchases, Shibetoshi suggested. 

“[…] yay marketing,” the pseudonymous Dogecoin creator added

 

Yesterday, BAYC investors were excited with the news that Madonna has ventured into the metaverse by purchasing Bored Ape #4988. 

Details of the transaction revealed that she spent a whopping 180 Ethereum (ETH) worth $560,160 at press time.

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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