{"id":41807,"date":"2024-11-21T10:35:13","date_gmt":"2024-11-21T10:35:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/justin-sun-buys-a-banana-for-6-2-million-at-a-new-york-auction\/"},"modified":"2024-11-21T10:35:13","modified_gmt":"2024-11-21T10:35:13","slug":"justin-sun-buys-a-banana-for-6-2-million-at-a-new-york-auction","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/justin-sun-buys-a-banana-for-6-2-million-at-a-new-york-auction\/","title":{"rendered":"Justin Sun buys a banana for $6.2 million at a New York auction"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671618663566-f74424a0-9cce-473d-a909-6a5e430930f2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671618663566-f74424a0-9cce-473d-a909-6a5e430930f2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671618663566-f74424a0-9cce-473d-a909-6a5e430930f2-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671618663566-f74424a0-9cce-473d-a909-6a5e430930f2-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li aria-level=\"1\">Sun said the banana would \u201cinspire more thought and discussion in the future\u201d<\/li>\n<li aria-level=\"1\">Bidding started at $800,000 before jumping into the millions<\/li>\n<li aria-level=\"1\">Sun\u2019s winning bid was $5.2 million plus $1 million in Sotheby fees<\/li>\n<\/ul>\n<p>Justin Sun has paid $6.24 million for a banana taped to a wall at a New York auction, stating that it \u201crepresents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.\u201d<\/p>\n<p>Taking to <a href=\"https:\/\/x.com\/justinsuntron\/status\/1859403540315373942\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/coinjournal.net\/search\/justin+sun\">Sun<\/a>, the founder of Tron, said: \u201cI believe this piece will inspire more thought and discussion in the future and will become a part of history. I am honored to be the proud owner of the banana and look forward to it sparking further inspiration and impact for art enthusiasts around the world.\u201d<\/p>\n<p>Sun said he will \u201cpersonally eat the banana\u201d in the next few days.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I\u2019m thrilled to announce that I\u2019ve bought the banana\ud83c\udf4c !!! <a href=\"https:\/\/twitter.com\/SpaceX?ref_src=twsrc%5Etfw\">@SpaceX<\/a> <a href=\"https:\/\/twitter.com\/Sothebys?ref_src=twsrc%5Etfw\">@Sothebys<\/a> I am Justin Sun, and I\u2019m excited to share that I have successfully acquired Maurizio Cattelan\u2019s iconic work, Comedian for $6.2 million. This is not just an artwork; it represents a cultural phenomenon\u2026 <a href=\"https:\/\/t.co\/lAj1RE6y0C\">pic.twitter.com\/lAj1RE6y0C<\/a><\/p>\n<p>\u2014 H.E. Justin Sun \ud83c\udf4c (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1859403540315373942?ref_src=twsrc%5Etfw\">November 21, 2024<\/a><\/p>\n<\/blockquote>\n<p>The artwork is Maurizio Catteland\u2019s \u201cComedian\u201d and is just a banana stuck to a wall with duct tape.<\/p>\n<p>Sotheby\u2019s, who hosted the auction, started bidding at $800,000 before jumping into the millions. At one stage the auctioneer said: \u201cThese are words I thought I\u2019d never say, $5 million for a banana,\u201d shortly followed by \u201cdon\u2019t let it slip away.\u201d<\/p>\n<p><iframe loading=\"lazy\" title=\"The World&#039;s Most Expensive Banana: Maurizio Cattelan&#039;s &#039;Comedian&#039; Sells for $6.2 Million | Sotheby&#039;s\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/E7pPomFdpLY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>During over six minutes of bidding, the Deputy Chairman of Sotheby\u2019s and Chairman of Sotheby\u2019s China, Jen Hua, placed the winning bid of $5.2 million plus $1 million in Sotheby fees. Before the auction, Sotheby\u2019s <a href=\"https:\/\/www.sothebys.com\/en\/buy\/auction\/2024\/contemporary-evening-auction-2\/comedian\" target=\"_blank\" rel=\"noopener\">estimated<\/a> it would sell between $1 million and $1.5 million.<\/p>\n<p>Sun will receive a certificate of authenticity signed by the artist.<\/p>\n<p>The sale of the banana comes as the crypto market is experiencing a surge in value. Yesterday, Bitcoin <a href=\"https:\/\/coinjournal.net\/news\/vantard-meme-index-fund-explodes-as-bitcoin-breaks-94k\/\">broke the $94,000 barrier<\/a>, continuing its upward trajectory to over $97,800 in the early hours of this morning.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/justin-sun-buys-a-banana-for-6-2-million-at-a-new-york-auction\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Sun said the banana would \u201cinspire more thought and discussion in the future\u201d Bidding started at $800,000 before jumping into the millions Sun\u2019s winning bid was $5.2 million plus $1 million in Sotheby fees Justin Sun has paid $6.24 million for [&hellip;]<\/p>\n","protected":false},"author":3947362367,"featured_media":41808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/41807"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362367"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=41807"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/41807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/41808"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=41807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=41807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=41807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}