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SNL Skit Uses Kate McKinnon's 'Janet Yellen' and Slim Shady to Explain NFTs
The skit shows how NFTs have captured the public's imagination. Here's where you can find out more.
Updated Sep 14, 2021, 12:32 p.m. Published Mar 28, 2021, 3:00 p.m.
Non-fungible tokens (NFTs), the buzziest segment of the cryptocurrency universe, made it to "Saturday Night Live" last night in an explainer skit featuring Kate McKinnon as U.S. Treasury Secretary Janet Yellen and the rapper Eminem.
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- The skit is a sign NFTs have captured the public's imagination, as the National Football League's Patrick Mahomes and Rob Gronkowski as well as other celebrities have created and sold the tokens, sometimes for staggering amounts. But it could be a sign of a market top.
- If, after viewing SNL's explainer, you find yourself wanting to know even more about the latest crypto craze, check out a few of the articles on CoinDesk about this topic:
What Are NFTs and How Do They Work?
It’s an NFT Boom. Do You Know Where Your Digital Art Lives?
How to Create, Buy and Sell NFTs
How NFTs Became Art, and Everything Became an NFT
Why the NFT Frenzy Won’t Drive Up Prices for Bitcoin Just Yet
- Or the following videos from CoinDesk TV:
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What to know:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
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