Doge NFT Sells for $4.3M, Spiking Meme Coin Prices Amid SEC Crypto Probes

• An NFT of the dog photo that inspired the Dogecoin meme sold for $4.3 million in ETH, making it the most expensive meme-inspired NFT ever • The meme coin Dogecoin saw its price spike over $3 after the NFT sale, showing the health of the meme coin economy • Binance was accused of insider trading regarding the new BOME meme coin, but denied employee involvement after an investigation • The Ethereum Foundation is reportedly under investigation by an unnamed state authority, feared to be the SEC • The SEC investigation has prompted worries of a potential attack on Ethereum itself, though some downplay the threat based on prior crypto wins in court