The Non-Fungible Token of the Coffin Dance meme has sold for $1,047,806 (327 ETH).
On Saturday, the winning bid was announced on Twitter.
“327 ETH winning bid!!! $1,047,806. Congrats to @nanaotafrija & the bidder,” Twitter user @Luke360 said.
The token is issued in partnership with the Ukrainian community, where 50 per cent of the proceeds will be donated to support Ukrainian charities in light of the war with Russia.
The meme was released by the lead pallbearer, Benjamin Aidoo, and Matthew “DigiNeko” Ordrick, who uploaded the video on YouTube.
“Congratulations to the official owner of Coffin Dance world fame @3fmusic We would like to say thank you to everyone who supported our NFT, especially guys from the @Bads_Zlodei: Dmitry Makarov, Eugene Lapitsky, Mykhailo Vatazhok,” Mr Aidoo tweeted.
The Coffin Dance meme originated from a video of the Ghanaian group of pallbearers based in the Greater Accra Region of southern Ghana. The leader pallbearer is Benjamin Aidoo, and the group garnered worldwide attention in 2020.
In March 2020, the group became an Internet meme when the video was uploaded with Tony Igy’s EDM song “Astronomia.” The meme is often associated with the COVID-19 pandemic.