Price of Degods NFT Reaches ATH After NBA Star Shaq O’Neal Purchases Deadgod for 250 SOL


Summary:

  • Legendary Orlando Magic Hall of Famer, Shaquille O’Neal has joined the NFT community with the purchase of DeadGod #3836
  • Shaq spent 250 Solana (SOL), roughly $28k, for the DeGod NFT
  • The floor price of DeGod NFTs has hit a new all-time high of 182 Solana as a result of the purchase
  • Shaq joins a long list of celebrities jumping into NFTs, such as NBA’s Kyrie Irving, Madonna, and David Beckham

Legendary NBA Champion and Orlando Magic Hall of Famer, Shaquille O’Neal has entered the NFT community with a purchase of DeadGod #3836.

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Mr. O’Neal purchased the NFT on the Magic Eden marketplace for 250 Solana, which translates to roughly $28k using SOL’s current value of $112.

DeGod NFTs are the #1 Trending Project on Magic Eden

Shaquille O’Neal joins a budding list of celebrities and sports persons joining the NFT community with his purchase. Earlier today, NBA Super Star Kyrie Irving showcased his Loser Club NFTs on Twitter. Madonna and David Beckham also joined the NFT community late last month.

At the time of writing, DeGod NFTs are the number one trending project on the Solana marketplace of Magic Eden for the last 30 days.

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Price of Degods NFT Reaches ATH After NBA Star Shaq O’Neal Purchases Deadgod for 250 SOL 15
Top 5 NFT projects on Magic Eden Marketplace. Source, MagicEden.io

Furthermore, Shaq’s purchase of DeadGod #3836 has resulted in the floor price of the DeadGod NFTs reaching a new all-time high of 182 Solana. This is a remarkable 18% increment in value in the last 24 hours alone and a 44% increment in the trade volume of the DeGod NFTs.

Price of Degods NFT Reaches ATH After NBA Star Shaq O’Neal Purchases Deadgod for 250 SOL 16
DeGod NFT Floor Price increment taken from DYOR App.

More on the DeGod NFT Project

According to the project’s website, DeGods are gods of the metaverse and masters of their universe. DeGods are ‘a deflationary collection of degenerates, punks, and misfits’. They were formed from ‘the dust of stars in the molten core of Mount Solympus’.

Additionally, DeadGods are the mutated forms of DeGods that earn a staking reward of 30 $DUST per day. They can be created by spending 1,000 $DUST to change the metadata of an existing DeGod for a DeadGod through a 1:1 swap.

$DUST is the native token of the DUST protocol within which the DeGods were minted. $DUST is the fuel that powers the DeGods ecosystem.

[Feature image of DeGods on sale courtesy of MagicEden.com]




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