{"id":26258,"date":"2025-08-12T12:57:08","date_gmt":"2025-08-12T12:57:08","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=26258"},"modified":"2025-12-29T11:15:18","modified_gmt":"2025-12-29T11:15:18","slug":"beeples-nft-stunt-causes-25-surge-in-nakamigos","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/beeples-nft-stunt-causes-25-surge-in-nakamigos\/","title":{"rendered":"Beeple\u2019s NFT Stunt Causes 25% Surge in Nakamigos \u2014 Troll or Market Play?"},"content":{"rendered":"\n<p>Digital art superstar <strong>Beeple<\/strong> has staged a controversial event in the <strong>NFT (non-fungible token)<\/strong> market, stirring mixed emotions. Weeks after the excitement around Ethereum&#8217;s <strong>NFT Torch<\/strong> had settled, Beeple is once again fueling hype in the digital collectibles sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Beeple&#8217;s Most Controversial NFT Stunt of the Year<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/Understanding-the-11-of-X-Term-in-NFTs-1-1024x683.jpg\" alt=\"\" class=\"wp-image-19522\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/Understanding-the-11-of-X-Term-in-NFTs-1-1024x683.jpg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/Understanding-the-11-of-X-Term-in-NFTs-1-300x200.jpg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/Understanding-the-11-of-X-Term-in-NFTs-1-768x512.jpg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/Understanding-the-11-of-X-Term-in-NFTs-1-150x100.jpg 150w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2024\/08\/Understanding-the-11-of-X-Term-in-NFTs-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The event, held at <strong>Beeple Studios<\/strong> in Charleston, South Carolina, was intended to celebrate the iconic <strong>CryptoPunks NFT collection<\/strong>. However, it quickly became one of the most-talked-about moments on <strong>NFT Twitter<\/strong> this week.<\/p>\n\n\n\n<p>During the gathering, Beeple presented what appeared to be a recorded interview with <strong><em><a href=\"https:\/\/metaverseplanet.net\/blog\/cryptopunks-floor-price-jumps-8-nft-revival-excitement\/\" data-type=\"post\" data-id=\"25421\">CryptoPunks<\/a><\/em> creators Matt Hall and John Watkinson<\/strong>. In the video, they claimed that <strong>Nakamigos NFTs<\/strong> predated CryptoPunks and were a secret <strong>Larva Labs<\/strong> project. The duo dramatically counted down to the supposed reveal of &#8220;V0 Punks,&#8221; directly linking the fictional backstory to Nakamigos. Brochures distributed at the event reinforced this playful claim, further stoking speculation.<\/p>\n\n\n\n<p>Within hours, the floor price of <strong>Nakamigos<\/strong>, a popular NFT collection known for its <strong>meme-like community<\/strong>, surged by almost <strong>140%<\/strong>, triggering a flurry of trading activity. For Nakamigos NFT holders, the sudden increase in value was a welcome, albeit short-lived, surprise. As of this writing, Nakamigos NFTs are trading at <strong>0.23 ETH<\/strong>, a <strong>25% increase<\/strong>. However, the video was quickly identified as satire and reportedly created using <strong>AI<\/strong>. The entire &#8220;V0 Punks&#8221; story was also revealed to be fictional.<\/p>\n\n\n\n<p>CryptoPunks were launched in <strong>2017<\/strong>, and there is no evidence of a pre-existing Nakamigos link or Larva Labs involvement.<\/p>\n\n\n\n<p>Meanwhile, reactions within the NFT community were mixed. Some traders viewed the move as a clever troll that brought much-needed levity to a sector often bogged down by market drama. &#8220;People are genuinely angry at Beeple for this blatant troll. I think it\u2019s about time we make NFTs fun again. If you lost money on this trade, it\u2019s your own fault for not realizing Beeple is an epic troll,&#8221; wrote <strong>Beanie<\/strong>, a well-known NFT personality.<\/p>\n\n\n\n<p>Others argued that the stunt blurred the line between <strong>performance art and market manipulation<\/strong>, noting that Beeple boosted trading activity despite knowing the claim was false. &#8220;I agree. He is super involved in nakamigos,&#8221; wrote LaMiss.eth on Twitter.<\/p>\n\n\n\n<p>While Beeple has not directly responded to the controversy, the incident once again demonstrates his ability to <strong>capture attention<\/strong> and move markets with a single creative act. Whether viewed as a satirical performance piece or a calculated market move, the stunt reflects the <strong>volatility and theatricality<\/strong> that define <strong>NFT culture<\/strong>.<\/p>\n\n\n\n<p>This event also serves to further amplify the recent craze surrounding NFTs, which was reignited by <strong>Ethereum&#8217;s 10th anniversary<\/strong>. While excitement around the <strong>Ethereum <em><a href=\"https:\/\/metaverseplanet.net\/blog\/nfts-news\/\" data-type=\"category\" data-id=\"128\">NFT<\/a><\/em> Torch<\/strong> has waned, Beeple&#8217;s latest spectacle has helped to re-energize the sector.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">You Might Also Like;<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/metaverseplanet.net\/blog\/the-dark-side-of-nanotechnology\/\">The Dark Side of Nanotechnology: Could Microscopic Swarms Erase Billions?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/metaverseplanet.net\/blog\/the-illusion-of-digital-immortality\/\">The Illusion of Digital Immortality: Are You Really Uploading Your Mind?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/metaverseplanet.net\/blog\/artemis-2s-deep-space-eclipse\/\">The View That Changes Everything: Artemis 2\u2019s Deep Space Eclipse<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Digital art superstar Beeple has staged a controversial event in the NFT (non-fungible token) market, stirring mixed emotions. Weeks after the excitement around Ethereum&#8217;s NFT Torch had settled, Beeple is once again fueling hype in the digital collectibles sector. Beeple&#8217;s Most Controversial NFT Stunt of the Year The event, held at Beeple Studios in Charleston, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":19916,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[309],"tags":[316],"class_list":["post-26258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3new","tag-nft"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/26258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=26258"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/26258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/19916"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=26258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=26258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=26258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}