DeGods It has dominated the Solana NFT space has racked up more trading volume than any other project. The project is now moving to Ethereum and appears to have attracted the attention of at least one major investor.
A pseudonymous NFT A trader named “Pokee” spent almost $1 million on his purchases sweep 69 DeGods Monday NFTs Pokeee purchased the shares through the Magic Eden marketplace, using its tool that lets buyers “sweep the floor” or buy up a desired amount of NFTs from a project. As a wager on the success of a collection, traders may purchase multiple NFTs at the lowest prices in order to bet on its future success.
Pokeee had previously said that he would do it if asked. his tweet from January 13 1000 likes on Twitter. He wrote that he would buy 69 of the NFTs “in support of” the project’s impending move to Ethereum, and the tweet ultimately racked up nearly 3,000 likes. The purchase of approximately $900,000.00 was complete three days later.
Magic Eden had previously limited the purchase of NFTs to 50 per transaction through its bulk purchasing feature. Now, however, you can buy up to 50 NFTs at once through Magic Eden’s bulk buying feature. prompted by the prospective buyer, who claimed that the proposed change was “of ultimate inconvenience” late on Sunday, the marketplace upgraded the functionality and enabled the larger mass purchase.
Pokeee (on Twitter) Claims to be the same owner as the Pokeee.eth Ethereum walletIt contains three valuable assets Bored Ape Yacht Club The NFTs can be used in conjunction with the titular Ethereum Name Service Name (ENS) and other NFT collectibles
A text interview Magic Eden posted today via the marketplace’s website, Pokeee claimed that he runs a private crypto fund, and said that he made this sizable DeGods play due to the project’s planned move to Ethereum.
“My purpose of this investment is actually to have them bridged to ETH,” he said. “Due to on-chain risks, I wasn’t able to deploy larger portions of my portfolio into Solana. I was having fun in Solana on smaller NFTs and mints back then.”
According to data from, DeGods has generated $135 million in trading volume so far. CryptoSlam. While it’s beaten in total USD trading value by projects like Solana Monkey Business Popular were the Degenerate Ape Academy and The Degenerate Ape Academy SOL was more valuable in the pastDeGods is the top project on a SOL basis, with 3.7 Million SOL of trading to date.
The project launched in late 2021 but rose significantly in value and prominence last year, as developer DeLabs—led by the pseudonymous Frank, who recently revealed his real name as Rohun Vora—debuted a reward token, rolled out new artwork, purchased the rights A BIG3 basketball league team, and launched the follow-up project y00ts.
In late December, DeLabs announced that DeGods will be bridged to Ethereum’s mainnet while y00ts will bridge over to Polygon, an Ethereum Sidechain. Both moves are expected to be complete by the end of the quarter. Received a grant of $3 million Polygon Labs to transfer y00ts into the Polygon Chain