Crank That: Soulja Boy Auctioning Off New Song In SHIB

A rapper is pushing further into the world of cryptocurrencies with a new single being auctioned off as a non-fungible token. A person can only buy the single if it is bid on with one of the hottest and most talked about cryptocurrencies at the moment.

What Happened: Rapper Soulja Boy is auctioning off a new single called “Black Cartier” on NFT marketplace OpenSea.

Users can listen to the 2:27 track on OpenSea and place bids up until Nov. 7.

While many NFTs are auctioned or sold for Ethereum ETH/USD on OpenSea, Soulja Boy’s is available exclusively using the Shiba Inu SHIB/USD.

“I’m giving away my black Cartier to whoever buys my new NFT you only can buy with $shib!” Soulja Boy tweeted to his 5.4 million followers.

Earlier in October, Soulja Boy told his followers NFTs are the future.

The single and Soulja Boy’s watch have a high bid right now of 150 million SHIB, worth around $10,885.50 at the time of writing.

Related Link: Soulja Boy Accidentally Reveals How Much He Got Paid To Promote Crypto Project

Why It’s Important: Soulja Boy recently passed the 300 million plays milestone on Apple Music and is well-known for his 2007 debut single "Crank That (Soulja Boy)," which featured a viral dance along with it. 

Shiba Inu has become one of the most popular cryptocurrencies. The coin recently passed Dogecoin DOGE/USD: Shiba Inu currently ranks ninth on the market cap list for cryptocurrencies at $39.6 billion, ahead of the $35.9 billion for Dogecoin in tenth place.

SHIB has a value of $0.00007042 at publication Monday morning.

Shiba Inu is available for trading on many top cryptocurrency platforms including Coinbase Global Inc COIN, WeBull and Voyager Digital Ltd VYGVF.

Many fans of the coin and retail traders have been pushing for Robinhood Markets Inc HOOD to offer SHIB on its trading platform.

Photo: The Streamy Awards via Flickr