Coinbase Acquires “UpOnly” NFT From Cobie for $25 Million: Here is why

Coinbase, the prominent cryptocurrency exchange, has made headlines by acquiring the highly coveted "UpOnly" NFT from Cobie for an impressive sum of $25 million. In this article, we delve into the reasons behind this significant acquisition, exploring the increasing importance of NFTs in the digital economy, the strategic alignment between Coinbase’s goals and this particular NFT, and the potential impact this purchase could have on the broader market. Furthermore, we will analyze the unique features of the "UpOnly" NFT and what it represents within the evolving landscape of non-fungible tokens and cryptocurrency. source: https://blocknews.com/coinbase-acquires-uponly-nft-cobie-for-25-million-here-is-why/