Sun Yuchen spent 6.2 million dollars to buy the $Ban landmark Comedian, can $Ban still be bought? I definitely won't buy it.
The artwork is indeed just a real banana, and many people may not understand why Sun Yuchen spent an exorbitant amount to purchase a banana.
According to Sun Yuchen's own explanation, it is roughly "not only an artwork, but also a cultural phenomenon connecting art, meme culture, and the cryptocurrency community."
After the news of Sun Yuchen's purchase of Comedian broke, $Ban rose about 20% in five minutes.
However, I think what Sun cares about is his own traffic, after all, since the beginning of his entrepreneurship, he has been very adept at managing "traffic"! Although $BAN has also been listed on the Huobi platform, it doesn't hold much significance for Sun himself.
In simple terms, it's just spending some money to gain fame.