DeGods trading volume spiked 530% following y00ts migration announcement
The favored NFT undertaking DeGods noticed buying and selling quantity improve five-fold final week to $16.1 million from almost $2.6 million within the earlier week, in keeping with The Block’s Knowledge Dashboard.
The ground value of a DeGods NFT now sits at 7.1 ETH (over $13,000), in keeping with the NFT market OpenSea.
y00ts strikes to Ethereum
The surge is probably going because of two main bulletins for DeGods, which each got here on August 10.
The primary is the choice to carry DeGods’ sister undertaking y00ts onto Ethereum, with the founder often called Frank saying the migration will unite the DeGods and y00ts communities. DeGods transitioned to Ethereum from Solana in April.
The second is the forthcoming “DeGods Season III” drop, which can embrace feminine avatars, omitted traits and an extra 20,000 new items of artwork to the gathering utilizing generative creation.
