Crypto entrepreneur Justin Sun bought one of three editions of the viral 2019 work, describing it as ‘a cultural phenomenon’

Maurizio Cattelan’s viral artwork involving a banana duct-taped to a wall has sold at auction for US$5.2m, besting initial estimates of between US$1m and US$1.5m.

One of three editions for the 2019 work, titled Comedian, made its auction debut on Wednesday evening at Sotheby’s New York, as part of its contemporary art auction.