Solana’s DeGods NFT Project Enters New Era as Founder Rohun Vora Steps Down

The Solana-based DeGods NFT project is undergoing a significant leadership transition as its pseudonymous founder, Rohun Vora (known as Frank DeGods), steps down after three years at the helm. This marks the end of an era for the once-niche project that grew into a multimillion-dollar community under Vora’s leadership. The project will now be led by two anonymous successors, @0x_chill and @pastagotsauce, as it enters its next chapter in 2025.

DeGods NFT Project CEO Rohun Vora Steps Down After Three Years

Rohun Vora, the pseudonymous founder known as Frank DeGods, has resigned as CEO of the Solana-based DeGods NFT project. His departure marks the end of a three-year tenure that saw the collection grow from a niche experiment to a multimillion-dollar community.

Leadership will transition to two anonymous successors, @0x_chill and @pastagotsauce. Vora emphasized his exit was voluntary, citing sleepless nights building DeGods and its sister project y00ts. "No legal issues," he assured followers in a candid X post.

Solana Bulls Target $180 Breakout Amid On-Chain Strength

Solana’s market narrative hinges on a glaring divergence: While its Total Value Locked (TVL) demonstrates resilience, price action remains volatile. This fundamental-technical disconnect suggests SOL may be undervalued at current levels.

May 11th marked a pivotal moment. A 2.64% rejection at $180 coincided with a 347.55% surge in realized profits—a classic distribution signal. The subsequent $7.86 million long squeeze cleared overleveraged positions, creating what technical analysts call a ’liquidity void.’

Market structure now favors bulls. Any supply shock could force shorts to cover, potentially catalyzing the breakout toward $180 and beyond. The ecosystem’s steady TVL growth lends credence to this bullish thesis.

Moo Deng Price Prediction: MOODENG Spikes 568% In A Week, Is $0.50 Next?

The Moo Deng price has surged by 106% in the past 24 hours, reaching $0.2603, marking a staggering 560% increase over the last seven days. This Solana-based meme token now stands as the top-performing asset in the top 500 cryptocurrencies by market cap, with a 920% monthly gain.

Despite being 61% below its all-time high of $0.6804 set in November, the token’s parabolic momentum suggests potential for further upside. Technical indicators, however, signal overbought conditions after its recent vertical rally.

Whale Moves Spark Sell-Off Fears for Solana Amid Price Surge

Solana faces heightened selling pressure as major investors unwind positions following its recent rally. On May 12, 2025, a whale dumped 103,040 SOL ($17.7M) while an FTX/Alameda-linked wallet unstaked 187,625 SOL ($32.24M). Pump.fun, a Solana-based launchpad, moved 132,000 SOL to Kraken—a clear liquidity exit signal.

These coordinated withdrawals reveal profit-taking by smart money despite Solana’s strong network fundamentals. The actions mirror historical patterns where early backers distribute holdings during price peaks, often preceding short-term corrections.