Solana All-Time High And 12-Year-Old Earns $400k Creating “Whale” NFTs

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Last Updated on 3 September 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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We seem to be rehashing titles here at CryptoTips, but with what possible Ethereum-rival Solana is showing this week, there truly is no choice. After breaching through $100 a few days ago only, Solana is pushing higher another 24% this morning and it is now trading for $143. Where could it be going? In terms that cryptofans understand we have to guess to the moon apparently.

Perhaps it is too early to ask (we also asked last Sunday whether China had obtained the opposite result of what is was hoping for), but with Bitcoin resolutely breaking $50k again this week and famed analyst Michael van de Poppe concluding earlier this week that $60k is next on the list, can we say that this is the start of a new crypto bullrun?

With Ethereum nearing $4,000 and Cardano touching $3 it certainly looks like all signs are pointing to green again. What a difference a few months make knowing that back in May the sky seemed to be falling when Bitcoin briefly touched $29,000, which would still represent gains for the year.

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Weird Whales

By now, crypto is on the front pages of major newspapers daily and the stories about teens and even children making boatloads of money investing or creating in the cryptosphere are a daily occurrence.

The latest in the line is Benyamin Ahmed, a 12-year-old from London who made a whopping $400,000 by creating a series of Weird Whales and selling them as NFTs.

Ben created the set of 3,350 whales in the style of a common whale meme seen in the video game Minecraft on a very basic pixel art website. He was then able to sell non-fungible tokens (NFTs) and the prices just kept rising.

I chose whales because in cryptocurrency a whale is someone with 1,000 bitcoin. I could then say that everyone who owns a whale, is a whale. I could craft that catchline. People connected with my story because I was so young. Many people saw my story and connected and then it kind of just went everywhere.