Solana NFT project “Froganas” has recently emerged as the focus of the market. In the past 24 hours, the sales have exceeded $4 million, and even internet celebrity Saint has purchased 15 of them!
(Digest of previous events: Solana meme coin “Analos” skyrocketed by 2,900%! Trader turned $900 into $3.47 million.)
(Background information: Solana NFT “Froganas” surged 209 times! Big Brother Maji is also calling for buying orders, what’s the story behind?)
Table of Contents:
A 217-fold price surge from the initial sale price
Fresh style, even internet celebrity Saint loves it!
Why is Froganas so popular?
Since mid-October, the public chain Solana (SOL) has gained the most attention in the cryptocurrency market, driving its ecosystem, infrastructure, and meme coins. The NFT market has also shown a general upward trend. Among many NFT projects, “Froganas” stands out and becomes the focus of the market.
According to the data from NFT trading market Magic Eden, the floor price of Froganas once exceeded 15 SOL today, reaching a new high of 15.72 SOL. At the time of writing, the price has slightly dropped to 14.85 SOL (equivalent to approximately $1,663), resulting in a 217-fold increase from the initial sale price of 0.069 SOL.
On the other hand, according to the data provided by cryptoslam, the sales of Froganas NFT have exceeded $4 million in the past 24 hours, making it the highest-selling NFT series after the surge in Solana’s price. So far, Froganas has achieved a total sales volume of approximately $9.9 million, and nearly half of the sales were realized in the past 24 hours.
Impressive sales volume of Froganas | Source: cryptoslam
Froganas, with its fresh and unique artistic style under the artist @ThinTallTee, is distinctively artistic in the current market. After the legendary figure in the NFT industry, Big Brother Maji, seemingly called for buying orders, the attention has been further heightened.
Big Brother Maji’s alleged buying orders for Froganas | Source: X
It is worth noting that the internet celebrity Saint, who pledged to “live in the metaverse,” also couldn’t resist the charm of Froganas. They purchased 15 of them in one go and showcased their frogs on X, exclaiming “so healing.” When asked by netizens why they are so optimistic about Froganas, Saint’s response indicated pure appreciation for Froganas rather than an investment behavior.
Although the planning of the Froganas project on Solana is unique, starting with a purely artistic nature, it has achieved a significant increase in price, surpassing 14,000% in comparison to the minting price. The main reason for this is speculated to be the group buying orders from many BAYC/MAYC holders in the community, leading to FOMO (Fear of Missing Out) and boosting the momentum.
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Tags:
Froganas
Solana
Saint
Big Brother Maji