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$DEGOD Launches on MEXC, the Force Behind DeGods & y00ts NFTs

$DEGOD launches on MEXC with a unique NFT conversion model. Explore the $DEGOD token, its fixed supply, and market response

2 min 30 sec September 16, 2024

Highlights:

•

$DEGOD launches on Solana, connecting De Labs' NFT ecosystem including DeGods and y00ts.

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85% to NFT holders, 10% foundation, 3% bonding curve, 1% liquidity.

•

$DEGOD trades at $0.008154, gaining traction on exchanges like MEXC.

$DEGOD Launches on MEXC, the Force Behind DeGods & y00ts NFTs

$DEGOD has officially launched on MEXC, adding a fresh twist to the NFT space. Powered by Solana, this new token connects De Labs' entire digital ecosystem, including the popular DeGods and y00ts NFT collections. 

 

$DEGOD has a fixed supply of 10 billion tokens. What's surprising is that $DEGOD has been distributed organically over the past three years without anyone noticing.

 

Tokenomics and NFT Conversions  

 

The $DEGOD token introduces a new way to convert NFTs. One DeGod NFT converts to 550,000 $DEGODS. 

 

A single y00t converts into 120,000 $DEGODS, and 1 $Dust gives you 36 $DEGODS. The total supply is broken down as follows: 

85% goes to NFT holders

10% to the foundation

3% for a bonding curve

1% for liquidity, and 

1% to NFT marketplace Sniper. 

 

 

De Labs sold 3% of the tokens at launch to seed liquidity, and they were snapped up in minutes.

 

Market Reaction and Trading  

 

The launch has stirred mixed reactions in the crypto community. Yuga Labs co-founder Wylie Arnow acknowledged the move but stated that BAYC won’t follow this path. 

 

Still, he appreciated DeGods' bold approach. Now, $DEGOD is gaining traction on exchanges like MEXC. At the time of writing, it trades at $0.008154, following a 22.2% price jump in the past 24 hours.

 

With over 41,000 unique holders across multiple blockchains, $DEGOD is already trending. De Labs has set the stage for $DEGOD to be a key asset in its growing ecosystem.

 

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