Bitcoin NFT Frenzy: Mario-Themed Fungi Sells for $240K in Sotheby's Auction Exceeding Expectations
• Sotheby's auctioned off Bitcoin NFTs ("inscriptions") called BitcoinShrooms which sold for over $450,000, exceeding expectations
• The top seller was a Mario-esque mushroom character NFT that sold for over $240,000
• There was mainstream interest/mania for these Bitcoin NFTs akin to previous major Ethereum NFT sales
• These Bitcoin NFTs use new Ordinals protocol technology, causing Bitcoin network congestion debates
• The high art value of the NFTs could influence Bitcoin developers to keep supporting non-financial NFT uses