Hip hop legend Snoop Dogg published almost 1 million non -financial tokens (NFT) on a telegram that sold out in a few minutes. The premiere has created a huge online interest and collected over $ 10 million.
Snoop Dogg’s Telegram Drope collects $ 12 million
On Wednesday, Snoop Dogg introduced digital collector’s collector on a telegram, lighting the NFT frenzy on the platform. The collection offered a unique NFT inspired by the rapper’s style, including many marijuana collector items, anthropomorphic beagle and vintage cars.
Drop is part of collector’s telegram gifts, unique works of art on the platform, which can be displayed on profiles and have special attributes. As the website explains, collections can be moved between users or at the NFT market.
Founder of Telegram, Pavel Durov, revealed That Snoop Dogg fell within 30 minutes, selling 996,000 NFT for $ 12 million, adding that “Blockchain Mint and the secondary market will live within 21 days. It will be wild.”
Last week, Durov said that the presents of July 4 also sold out in a few minutes, and over 800,000 collector items sold in 10 minutes.
Among the collector’s premiere, the rapper promoted her along with a modern song entitled “Gifts” on his official telegram channel. He released a link to the music video of the song and marked the Telegram Durova channel, saying: “It is time to drop him as if it was hot.”
https://www.youtube.com/watch?v=Sknyx2VRG4
At the Snoop Dogg track, Toncoin (Ton), a native token ton blockchain and telegram. “Connect my phone, dress, and then I draw my game / critical existence, digital resistance / moved, talented and raised / (…) / stickers and playing on a telegram, guess that soon / my privacy is not for sale” – we read in some texts.
In particular, this is not the first undertaking of the rapper NFT, because it entered space when the sector first gained the popularity of the mainstream in 2021 and dropped collections in 2022 and 2023.
NFT mania after returning?
On X, NFT lead in tons of blockchain, zenith Highlighted Drop success, because some supply gifts sold out less than 2 minutes. He explained that Telegram Gifts had a peak of market capitalization of over $ 200 million and a volume of turnover of $ 122 million from their launch.
According to Post, the first collection of OG, Plush Pepe, now has a floor price of 4,200 tons worth USD 11,886. “These are NFT collections that are on the tons of blockchain and inside the telegram!” He noticed.
For Zenith, this could be the beginning of a modern NFT narrative, adding that “they would not be surprised if other known brands or Web3 IPS would also like to introduce gifts!” They pointed out, however, that this could not mean anything for the sector.
In the last DAPPRADAR report common that the Q2 data revealed modern narratives while the aged “returns”. The report claims that “NFT is becoming more and more affordable, but interest has not disappeared. On the contrary, it changes in nature”, a trend that the platform analysts have been observing “for a long time.”
In particular, the NFT trading volume dropped by 45% in the second quarter, but sales increased by 78%. Meanwhile, the number of traders increased by 20% compared to Q1, with an average of 668 598 monthly salesmen.
“In combination with an increase in sales, this is suggested by a slow but constant return of users to the NFT space, although probably for various motivations than in previous cycles,” he summed up the report.
A distinguished painting with unmplash.com, chart from tradingview.com
