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NFT News

Solana NFT sales Soar 170% Following y00ts reveal

The process of swapping t00bs for NFTs has already begun, revealing the artwork and soaring the secondary trading volume.

Written By Rupal Sharma
Published 2022-11-05
Make The Crypto Times preferred on GoogleGoogle
Solana NFT sales Soar 170% Following y00ts reveal

After continued price drops in bearish conditions, Solana NFT sales soared 170% over the past 24 hours following the NFT collection y00ts reveal. The y00ts website is showing the live reveal.

The y00ts NFT collection has delayed its full launch after a September mint and now with the complete release of this most-anticipated project, Solana NFT trading activity skyrocketed today.

The vast majority of that trading revolves around y00ts, which is from the creators of the popular DeGods project on Solana. Initially, the project minted its NFTs called t00bs in early September without revealing any roadmap or what these NFTs look like. 

Following a hyped-up allowlist campaign endorsed by celebrities and influencers, y00ts finally released its 15,000 unique NFT profile pictures. These NFTs feature a different mix of design traits. To get the actual y00ts NFT, collectors have to burn t00b NFTs. 

You can now use your t00bs to mint a y00t.https://t.co/lP91U8JqZ7

— y00ts (@y00tsNFT) November 4, 2022

With this, the project has begun swapping t00bs for y00ts NFTs, revealing the artwork and pumping secondary volume in the process. As per Magic Eden, both the unrevealed t00bs and y00ts avatars have surging demand right now. Meanwhile, the revealed y00ts profile has surpassed the t00bs collective trading volume. 

Though this process of minting has already been announced after the September mint, pseudonymous DeGods creator Frank opted to scrap all of the existing artwork and start fresh after a two-month delay. 

Also Read: Everything You Need to Know about y00ts NFT Mint

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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