On September 16th, according to market information, the DEGOD token launched by DeGods opened for trading, currently priced at $0.006524, with a market capitalization of $65.3 million. Trading volume in the first hour has reached $9.1 million.

Previously, Solana NFT project DeGods announced the launch of the DEGOD token in collaboration with NFT marketplace Sniper, integrating the entire ecosystem into a single asset. Bonding Curve will be added around 6:33 PM (UTC+8) on September 16th.

According to its tokenomics, each DeGods NFT can be exchanged for 550,000 tokens, each y00ts (Fuzzy DeGods) NFT can be burned and converted into 120,000 tokens, and each DUST token can be burned and converted into 36 tokens. 85% of the tokens will be issued to NFT holders, 10% will be allocated to the foundation, 3% will be used for Bonding Curve, 1% will be used for initial liquidity, and 1% will be allocated to partner Solana network NFT marketplace Sniper.