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RE: Daily Crypto Markets Live Blog: Forecasts Are For A Crypto Year End Run (11/20/21)

in LeoFinance4 years ago

This is new (to me at least). Tungsten cubes are a thing now in crypto??

Inside crypto's tungsten cube craze – the obsession with super-heavy metal blocks that cost up to $3,500

Group of investors purchase tungsten cube for $250,000

A group of investors called the TungstenDAO purchased an NFT of a 2-ton (but just over 14 dainty inches) tungsten cube for 56.9 ether, or about $250,000.

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So this NFT is backed by 2 tons of tungsten? I think that is quite nice but it's hard to tell whether or not it's worth that much.

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I was surprised, as I usually keep up with crypto news, and didn't know people were actually buying blocks of tungsten.

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