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.
Mar 28, 2021 at 3:00 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XZHGBENJPRGFFF5DC5CAU72BFY.png)
The Nyan Cat NFT sold recently for 300 ETH, or $590,000 at the time.
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.
- 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:
- Or the following videos from CoinDesk TV:
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