Key Points
- The famous Indonesian man known as “selfie guy” made more than 500 ETH worth about $1.8M in less than 30 minutes after a presale of his selfie.
- This marks the second iteration of his NFT project.
Back in January 2022, an Indonesian college student, Sultan Gustaf Al Ghozali, earned a million dollars by selling NFTs on OpenSea. He minted NFTs with photos of himself that he’d been taking on a daily basis for five years.
The collection was called “Ghozali Everyday” and managed to receive support from the crypto community. Back then, this brought Ghozali more than a million dollars.
Ghozali took selfies while he was sitting or standing in front of his computer. The photos have been later converted into NFTs and uploaded to OpenSea in December 2021. He set the price for each NFT selfie at $3 without expecting any interest from the people who purchased them.
Uploading my photo into nft lolhttps://t.co/E3Q4sBmN26#NFT #opensea pic.twitter.com/rD51rdcpzp
— Ghozali (@Ghozali_Ghozalu) January 10, 2022
When he graduated from college in 2023, he posted on X, formerly known as Twitter, saying that he would eventually stop taking selfies. He explained that he was one lucky guy to have made so much money from “the stupidest idea” that he found.
Just took the last selfie when I graduated from college and finally i can stop this doing this shit almost every day
6 years taking selfies every day is the stupidest idea I ever came up with, but luckily I can make money from it pic.twitter.com/qftRH6WRua
— Ghozali (@Ghozali_Ghozalu) August 24, 2023
After he disappeared from X for a few months, he made a comeback as the memecoin interest continues to surge. His impressive return is via a presale of his selfie, which brought him about $1.8 million. He made more than 500 ETH in less than 30 minutes.
At the moment of writing this article, ETH is trading in the green, and the coin is priced at over $3,400, up by almost 2% in the past 24 hours on CoinMarketCap.
Ghozali posted on X that he would refund people who sent him ETH after the cap had been reached.
Guyss if you send more 2 eth, I will refund you, and sorry there will be no increase in cap 😭🙏
— Ghozali (@Ghozali_Ghozalu) March 24, 2024
Interest in memecoins is on the rise
For a while now, there has been a surge in the popularity of memecoins, largely due to Solana traders. According to the latest data, presale projects on Solana managed to raise over $100 million in just three days from March 15 to March 18.
This is legit peak degeneracy. Aping $180K & $90K into meme coins.
It's absolutely insane how we are still in this phase of the market. pic.twitter.com/ef1UEXkmcI
— Nick | Crypto Crusader (@NCashOfficial) March 17, 2024
In the volatile crypto industry, the Solana ecosystem exploded with popularity, and all of its meme coins went out of control.
As reported a few days ago, following all the volatility in the crypto market, there are some steady moves back to the Base Solana ecosystem.