Snoop Dogg's $12 Million NFT Drop Shakes Up the Market

American rapper Snoop Dogg sold nearly a million NFTs on Telegram in 30 minutes, raking in $12 million. The collection features vintage cars, swag bags, and more. Snoop also released a new track and music video. NFT sales have been struggling, but Snoop’s success could signal a rally.

Snoop Dogg’s NFTs on Telegram have generated excitement, with some calling it a game-changer for the industry. NFT volumes have dropped significantly this year, but Snoop’s collection could turn the tide. The positive response to his NFTs has sparked hope for a new NFT narrative.

Snoop Dogg is no stranger to NFTs, having dabbled in the space since 2021. His previous collections included the Snoop Dogg Passport Series and the Doggies NFT collection. His latest success with NFTs on Telegram highlights his continued presence and influence in the digital asset world.

Read more at Cointelegraph: Sold Out Snoop Dogg Telegram NFT Drop Generates $12 Million