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Snoop Dogg’s NFT Gift Launch In Partnership With Telegram Sold Out In Minutes

  • Snoop Dogg partnered with Telegram for a celebrity NFT launch that sold out in minutes, with nearly a million NFTs sold in 30 minutes.
  • The collection featured various digital collectibles, and Telegram founder Pavel Durov announced that $12 million was made from the NFT drop, inspired by Snoop's style.
  • The NFT market has seen a decline in volume recently, but Snoop's successful drop could indicate a potential market shift, according to experts.
  • The NFTs sold by Snoop on Telegram are animated visuals that users can display on their profiles or convert into the platform's in-app currency, Stars.

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