DeGods has taken the Solana NFT industry by storm, amassing more trading volume than any other project in SOL. They aim to expand into Ethereum and have already gained recognition from influential investors.
On Monday, “Pokeee,” an anonymous NFT trader, spent a whopping $1 million to secure 69 DeGods NFTs from the Magic Eden marketplace. Furthermore, this strategy—buying multiple of the lowest-priced assets rather than selecting more valuable ones—is known as “sweeping the floor” and suggests that Pokeee is confident in the future success of these collections.
Pokeee committed to following through with the purchase of 69 NFTs for approximately $900,000 should his tweet from January 13th receive 1,000 likes on Twitter – which it did! Ultimately, it garnered almost 3,000 likes within three days. Subsequently, as promised, he went ahead with the acquisition in support of their Ethereum migration project.
Source: https://www.cryptopolitan.com/bored-ape-whale-splurges-1m-on-degods-nft/