Solana-based NFT project “Froganas” has recently emerged as the market’s focus, with sales exceeding $4 million in the past 24 hours. Even internet celebrity Sheng Jie Shi has purchased 15 of them!
(Previous summary: Solana meme coin “Analos” surged violently by 2,900%! Trader turns $900 into $3.47 million)
(Background supplement: Solana NFT “Froganas” sees a 209-fold increase in wealth! Big Brother Maji is also endorsing it, what’s the story behind it?)
Table of Contents:
Soaring 217 times from the initial sale price
Fresh style, even internet celebrity Sheng Jie Shi loves it!
Why is Froganas so popular?
Since mid-October, the public chain Solana (SOL) has attracted the most attention in the cryptocurrency market, driving its ecosystem, infrastructure, and meme coins. The NFT market has also shown a general upward trend, and among many NFT projects, “Froganas” stands out as the market’s focus.
According to data from the NFT trading market Magic Eden, today (27th), Froganas’ floor price once exceeded 15 SOL and even reached a new high of 15.72 SOL. At the time of writing, the price has slightly fallen to 14.85 SOL (with a market value of approximately $1,663). Calculated at the initial sale price of 0.069 SOL, the increase is as high as 217 times.
On the other hand, according to data provided by cryptoslam, the sales of Froganas NFTs 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’ total sales amount to approximately $9.9 million, and this means that nearly half of the sales were achieved in the past 24 hours.
Froganas’ Impressive Sales Volume | Source: cryptoslam
Under the artistic style of the artist @ThinTallTee, Froganas presents a fresh and unique artistic quality that stands out in the current market. After the legendary figure in the NFT world, Big Brother Maji, seemingly endorsed it, the attention has increased once again.
Big Brother Maji Seemingly Endorses Froganas | Source: X
It is worth noting that internet celebrity Sheng Jie Shi, who pledged to “live in the metaverse,” cannot resist the charm of Froganas. She purchased 15 of them in one go and showcased her frogs on X, exclaiming “so healing.” When asked by netizens why she is so optimistic about Froganas, Sheng Jie Shi’s response indicates pure love for Froganas and not an investment behavior.
Although the planning of the Froganas project on Solana is unique with its pure artistic nature, it was able to achieve a price increase of over 14,000% compared to the minting price. The main reason is speculated to be the rallying cry from many BAYC/MAYC holders in the community, which caused FOMO to amplify the momentum.
Related Reports
Messari Analyst Reveals Holdings: Solana is the Investment Consensus, AI Tokens, DePIN Gaining Favor
What is the DePIN Project Helium Mobile? $20 for Unlimited 5G, Token Surges by 2,400% in 2 Weeks
Helium Mobile Combats “Professional Mining and Selling”: Rewards in MOBILE Tokens Available After 8 Days of Subscription
Tags:
Froganas
Solana
Sheng Jie Shi
Big Brother Maji