Dolce&Gabbana Wants To Declare Dogecoin Fan Elon Musk The King of Crypto

Italian fashion house Dolce&Gabbana has proposed that Tesla CEO Elon MUSK be named the king of cryptocurrency if he becomes the owner of the Doge Crown. The jewelry is part of the fashion giant's first non-fungible token (NFT) collection, launched earlier this month in partnership with the Polygon-based UNXD marketplace.

The Doge Crown, set with seven blue sapphires and 142 diamonds, was designed by Domenico DOLCE and Stefano GABBANA themselves. The crown has nothing to do with the meme-cryptocurrency, as it is named after the noble title of the monarch of Venice.

The buyer will receive 4K animation and 4K footage of the item, as well as a physical version of the item. The current bid of $501,819 from user ethmad will probably seem like a pocket change to Elon Musk. The auction will end in three days.

Image: ESIZNEWS