Overview of Degod Token’s Trading Performance
Degod, a new Solana token, saw a significant 10% increase on its first day of trading, driven by trader FOMO. The token reached a high of $0.0095 before settling at $0.0075, with a market cap exceeding $76 million. Majority of the trading volume came from Raydium, the largest exchange in Solana ecosystem.
Degod’s Collaborative Launch and NFT Sales Surge
The Degod token was introduced by the developers of the popular Solana NFT in partnership with Sniper, a prominent NFT marketplace. Data from CryptoSlam indicates a notable 88% spike in DeGods NFT sales, reaching over $1.12 million with 77% more transactions. The total sales for DeGods NFT are now at $18.1 million, with 1,066 unique owners.
DEGOD Token Distribution and Market Dynamics
DEGOD token distribution has been steadily ongoing over the past three years, with 41,241 unique holders across various ecosystems. These holders encompass 85% of all tokens in circulation, with the remaining 15% allocated to the foundation and launch partners. The circulating supply of DEGOD token is capped at 1 billion tokens.
