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Snoop Dogg’s Telegram NFT Collection Sells Out in 30 Minutes, Generating $12M
Snoop Dogg’s Telegram NFT Collection Sells Out in 30 Minutes, Generating $12M
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BTCCSquare news:
Snoop Dogg's NFT collection on Telegram sold out within 30 minutes, amassing $12 million in sales. The drop featured nearly one million unique NFTs across five tiers, each reflecting the rapper's iconic style. The premium tiers—Westside Sign and Low Rider—sold out in under two minutes, priced at $150 and $75 per NFT, respectively.
Global NFT sales volume saw a 7.75% uptick following the launch. The collection's blockchain minting and secondary market trading will go live in 21 days, with expectations of heightened activity. Mid- and lower-tier options, priced as low as $7.50, provided broader accessibility for collectors.
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