DeGods NFT Price Soars 80% After DeGods HQ Telegram Chat Launched

DeGods, a non-fungible token (NFT) collection from digital asset incubator studio Dust Labs, has made a major comeback this week after its founder announced a move to the official “DEGODS HQ” Telegram chat for all DeGods communities. DeGods has seen its base price surge by over 80% in the past seven days.

NFT Price Action: @DeGodsNFT The price of land increased by 86% to 1.33 Ethereum After announcing the move to the “DEGODS HQ” Telegram chat for all DeGods communities yesterday. pic.twitter.com/tQOgJIK4wG

— Coingecko (@coingecko) August 8, 2024

DeGods NFT Price Soars 80% After DeGods Hq Launch

Earlier this week, Dust Labs confirmed, via its official X account, the move to DEGODS HQ, a new Telegram chat for the entire DeGods, y00ts, BTC DeGods, and SOL DeGods NFT communities. From now on, Dust Labs will be calling its entire NFT ecosystem DeGods. In a blog post on its Telegram Discord, DeGods HQ wrote:

“We are working on creating this main chat to create a main land where we can think, plan, strategize, and have fun with the members who make this place great. The most important focus of this new Telegram chat will be to invade the timeline with force. In the future, we will stop posting from all other degods’ accounts.”

Founded in 2022, Dust Labs is a digital asset company building software for the Web 3 community, starting with NFTs and related projects. The technology has been used to build the top two NFT collections on Ethereum – DeGods & y00ts. DeGods is an NFT collection of 10,000 PFPs living on the Ethereum blockchain, while y00ts is an NFT collection of 15,000 avatars living on the Ethereum blockchain.

Earlier this year, the DeGods and y00ts NFT collections returned to Solana, where they were originally launched before seeking their fortunes elsewhere. At the time, the DeGods NFT collection saw a surge in trading activity and value, sparking polarized reactions across the crypto community. The DeGods NFT collection has made another massive comeback following the introduction of DeGods Hq.

DeGods Mutant Ape NFT Price Flips

Data fetched by quingeco.comData from Solana, an on-chain cryptocurrency market data aggregator and NFT explorer, showed that DeGods, a limited edition NFT pool of 238,834 NFTs hosted on the Solana network, has seen its base price surge by over 80% in the past 48 hours. DeGods rose from 12 Sol on August 7, 2024 to over 26 Sol on August 8, 2024, a 384% increase over the past week. The Solana-based DeGods flipped the price of Mutant Ape into the base NFT price.

On the other hand, DeGods, another NFT collection of 10,000 PFP-type NFTs featuring divine figures in modern streetwear and ancient god-inspired art stored on the Ethereum blockchain, has seen its base price surge this week. DeGods has risen from 0.73 ETH on August 7, 2024 to over 1.56 ETH on August 8, 2024, an 80% increase over the past week. The Ethereum-based DeGods has upended several high-value NFT collections.

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