The Ethereum A-Z, the NFT market, and the Tungsten cube bubble
The Ethereum A-Z, the NFT market, and the Tungsten cube bubble

The Ethereum A-Z, the NFT market, and the Tungsten cube bubble

Zara

5 min
Business & Finance
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<p>Tungsten – A word that few in the space have heard of has now become the talk of the crypto-town due to its intriguing and fascinating properties. The cube in question is only 14 inches long and made of tungsten. However, due to the density of the metal, it weighs a tonne (approximately 907 kg.).</p> <p>According to the space community, HODLing the cube is a once-in-a-lifetime experience. It's understandable to be perplexed at this point, but keep in mind that anything that can capture people's attention has value today.</p> <p>People have been trying to figure out the whole cube frenzy over the last few days. The Google Trends result is self-explanatory.</p> <p>Setting the record straight</p> <p>Before we get into the other amazing details, it's important to understand how and why this cube saga began in the first place.</p> <p>Midwest is a tungsten service company that has been in business since 1958 and specialises in tungsten and alloys. Their newer cube products have recently gotten a lot of attention. Since its introduction in 2015, the cube has allowed many people to firsthand experience the density of tungsten.</p> <p>Tungsten, in fact, is a metal that is 1.7 times as dense as lead. Savants have been purchasing it for quite some time, and owning one is clearly a joke on Reddit.</p> <p>Because of the sudden popularity of these cubes, Midwest Tungsten Service's sales increased by more than 300 percent in October. Until recently, the majority of the firm's business came from industrial customers, according to the company's official customer breakdown data. However, the publicity prompted them to begin offering cubes in a variety of sizes ranging from 1 cm to 10 cm in order to meet the needs of its new retail customer base.</p> <p>According to Midwest's recent blog, the firm was pushed to analyse and figure out the largest cube they could build due to the interest in tungsten cubes. Following the introspection, the largest 14-odd inch cube was born.</p> <p>Reactions that drew a lot of attention</p

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