Popular NFT project DeGods saw trading volume quintuple last week to $16.1 million from nearly $2.6 million in the previous week, according to The Block’s Data Dashboard.
The floor price of a DeGods NFT is now at 7.1 ETH (over $13,000), according to the NFT marketplace OpenSea.
y00ts moves to Ethereum
The increase is likely due to two major announcements for DeGods, both of which came out on August 10.
The first is the decision to bring DeGods’ sister project y00ts to Ethereum, with the founder, known as Frank, saying the migration will unite the communities of DeGods and y00ts. DeGods switched from Solana to Ethereum in April.
The second is the upcoming “DeGods Season III” drop, which will feature female avatars, omitted traits, and an additional 20,000 new pieces of art to the collection using Generative Creation.
