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.
https://twitter.com/Ghozali_Ghozalu/status/1480524562609573892?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1480524562609573892%7Ctwgr%5E38e88c4c19715de6d525d4b43df31655aacb0492%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2F22-year-old-indonesian-boy-makes-1m-by-selling-nft-selfies-on-opensea
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.
https://twitter.com/Ghozali_Ghozalu/status/1694679286182293848
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.
https://twitter.com/Ghozali_Ghozalu/status/1771724578005340402
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.
https://twitter.com/NCashOfficial/status/1769276624753525226
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.