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Sotheby’s $6.24 Million Banana Taped to Wall Sold to Chinese Crypto Mogul

Chase Lozada by Chase Lozada
November 21, 2024
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duct-taped banana art
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Move over, art world—we’ve officially entered the realm of crypto absurdity. Maurizio Cattelan’s Comedian, the infamous duct-taped banana that went viral in 2019, has just sold for $6.24 million at Sotheby’s.

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The buyer? None other than Justin Sun, the Taiwanese entrepreneur and cryptocurrency mogul behind TRON, known for his flashy spending and headline-grabbing moves.

A Banana That Costs More Than a Mansion

Originally introduced at Art Basel Miami for $120,000, Comedian sparked debates about the meaning of art, the nature of consumerism, and just how far the art world is willing to stretch its imagination.

Fast forward to today, and Sun’s massive bid has made this simple banana the center of attention once again.

https://twitter.com/justinsuntron/status/1859403540315373942

What does Sun actually get for his millions? Not the original banana—that’s long gone—but a certificate of authenticity, a roll of duct tape, and detailed instructions to replace the fruit whenever it inevitably decomposes.

Essentially, Sun has paid for the right to continue duct-taping bananas for the foreseeable future.

Sun’s Move: Genius or Just Bananas?

This isn’t Sun’s first big splash—he famously bid $4.6 million to have lunch with Warren Buffett in 2020. But spending $6.24 million on a piece of fruit has taken his penchant for extravagant purchases to new heights.

https://twitter.com/naomibrockwell/status/1228535076734066688

Critics have called the move wasteful, while others see it as a savvy investment in one of the art world’s most talked-about works.

Love it or hate it, Sun’s purchase cements his reputation as a disruptor. Whether Comedian is a profound commentary on consumerism or just a very expensive punchline, it’s clear this banana isn’t going away anytime soon—except, of course, when it rots.

https://twitter.com/MarioNawfal/status/1859406644003705025

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Chase Lozada

Chase Lozada

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