DeGods NFT Floor Price Pumps +80% After The Launch Of DeGods HQ Telegram Chat

Updated: 09 August 2024

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DeGods, a non-fungible token collection from the digital asset incubation studio Dust Labs, has made a significant comeback this week after its founder announced the migration to the official “DEGODS HQ” Telegram chat for all DeGods communities. DeGods has seen its floor price surging more than 80% in the past seven days.

NFT Price Action: @DeGodsNFT floor price pumps by 86% to 1.33 $ETH after announcing the migration to the "DEGODS HQ" Telegram chat for all DeGods communities yesterday. pic.twitter.com/tQOgJIK4wG

— CoinGecko (@coingecko) August 8, 2024

DeGods NFT Floor Price Pumps +80% After DeGods Hq Launch

Earlier this week, Dust Labs, through its official X account, confirmed migrating to DEGODS HQ, a new Telegram chat for all DeGods, y00ts, BTC DeGods and SOL DeGods non-fungible token communities. From now on, Dust Labs will describe its entire NFT ecosystem as DeGods. In a blog post on its telegram discord, DeGods HQ wrote:

“We’re creating this hq chat to create the home ground where we can think, plan, strategize, and have fun with the members that make this place great. The most significant focus of this new telegram chat will be raiding the timeline hard. In the future, we will stop posting from all other degods accounts.”

Founded in 2022, Dust Labs is a digital asset firm building software for web3 communities, starting with NFTs and related projects. Technology has been used to build the top two NFT collections on Ethereum – DeGods & y00ts. DeGods is an NFT collection of 10,000 PFPs that live on the Ethereum blockchain, while y00ts is an NFT collection of 15,000 avatars that live on the Ethereum blockchain.

Earlier this year, the DeGods and y00ts NFT collections returned to Solana, where it was initially launched before seeking its fortunes elsewhere. At the time, DeGods NFT collection experienced a surge in trading activity and value, sparkling polarizing reactions across the crypto community. DeGods NFT collection has made another massive comeback after the introduction of DeGods Hq.

DeGods Flips Mutant Ape In NFT Floor Price

Data fetched by CoinGecko.com, an on-chain crypto market data aggregator and a non-fungible token explorer, shows that DeGods, a non-fungible token collection featuring a limited edition of 238,834 NFTs hosted on the Solana network, has seen its floor price surging over 80% in past 48 hours. DeGods surged from 12 SOL on August 7, 2024, to over 26 Sol on August 8, 2024, rising 384% from the past week. Solana-based DeGods has flipped Mutant Ape in NFT floor price.

On the other hand, DeGods, another non-fungible token collection of 10,000 PFP NFTs featuring godly characters with modern streetwear and ancient deity-inspired art stored on the Ethereum blockchain network, has also seen its floor price surging this week. DeGods rose from 0.73 ETH on August 7, 2024, to over 1.56 ETH on August 8, 2024, up 80% from the past week. Ethereum-based DeGods has flipped several blue-chip NFT collections.