Solana.The.Rise.of.DeGods
Q42. DeGods have risen to become one of the most valuable NFT collections on Solana with an extremely devoted community. The features of DeGods are analyzed in this dashboard.
Introduction:
DeGods is one of the most valuable and popular NNFTs on Solana ecosystem. The time frame of this investigation is considered from January 1st. In this dashboard, the features of this NFT collection are analyzed based on these parameters:
- Sales volume and unique wallet purchases since January 1st on Magic Eden.
- select certain traits that have become more popular over time in anticipation of DeGods
- swappers for $DUST on Jupiter
- correlation between swappers and NFT buyers
This figure shows the daily sales volume for DeGods collection on Magic Eden marketplace. As shown in this figure, the sales volume has increased from middle of February. Also, the maximum sales volumes happened on Feb 23 and Mar 22 with near 13k Sol. As can be seen, as we get closer to March 31st, sales volume will increase.
The daily number of wallets that purchased on DeGods NFT collection is shown in this figure. As can be seen in this figure, the number of buyers has increased periodically and for certain periods of time by 30 days. The highest number of unique wallets purchased on DeGods happened on Feb 23 with 142 wallets.
$DUST is the token created by DeGods for NFT auctions and will be a necessity for modifying the DeGod art to a DeadGod. According to this investigation, 739 unique wallet are swapped for $DUST token on Jupiter platform. These wallets are swapped for total 410 $DUST token, accordingly.
In this part, the correlation between swappers and purchasers is analyzed. The top 20 swapper and purchaser are shown in these two figures. By analyzing these figures, we can see that about 50% of purchasers are swapped for $DUST token, too.
In my opinion, after the launch of the collection on March 31, both the price of the collection and the price of the $DUST token will increase significantly, because users have been collecting the collection in the days close to this date.
As a special traits, background color is selected and analyzed by number of usage in collection. As can be seen in this figure, the blue background is most used color with 1407 usage and the teal is the second most used one. The other colors with number of usage represented in this figure, too.