American rapper Snowup Dog sold a collection of about one million non-fangable tokens (NFT) on Telegram in 30 minutes on Wednesday, defying the assumption that the NFT industry is “dead”.
Snoop Dog’s new digital gift collection is “inspired by the iconic style of the snup” of about 996,000 non-fangbal tokens operated by ton blockchain and generates $ 12 million in sales, Telegram founder Powel Durov Said In an X post on Wednesday.
He said, “Blockchain mint and secondary markets live in 21 days. It is going to be wild,” he said.
The collection included a mixture of vintage cars, swag bags, a digital dog, marijuana related items and other objects and symbols. Telegram gifts are animated images that can be displayed on a profile or converted into an in-app posture of social platforms called stars.
Snoop Dog Drops New Beat with NFT Collection
Snoop dog too Issued A new track and a music video titled “Gift” displays all available collections.
Social media and youtube users called Telegram “mythological” and Snow’s collaboration with others saw the collection as a rapid signal for NFTS, which is struggling with Tipid volumes and sales this year.
https://www.youtube.com/watch?v=skngyx2vrg4
In April, Cointelegraph reported that NFT Volume recorded a 61% decline in the first quarter of 2025, which had increased to $ 1.5 billion compared to $ 4.1 billion a year ago.
In the last 30 days, the quantity of sales is more than 41% to 41% $ 403 million, cryptosalam data ShowThe transaction declines by more than 55%.
The collection of Snow Dog can spark NFT rally
An X user posting under handle Genith, which serves as an NFT lead on tones, Said In an X post on Wednesday that the original telegram gifts are not new and at least since January, when a collection called “luxurious pepes” fell.
However, they estimate a positive response to the collection of Snup Dogs “a new NFT story may begin,” however he also said that “technically it can mean nothing.”
“Telegram gift has the most unique utility and is the ability to wear them on your telegram profile,” Jenith said.
“I won’t wonder if other famous brands or web 3 IPS would not even like to launch some gifts! Now, the question is whether they are? I don’t know honestly, but I like to speculate,” he said.
Snoop Dog NFT is an old hand in space
Snup Dog NFT has been active in space as tokens first gained mainstream popularity in 2021.
Connected: Gategams bets on Telegram for NFT adoption in 2025
In June 2023, he unveiled the Snoop Dog Passport Series, an NFT collection that promised holders access to rear videos and photos.
Meanwhile, in February 2022, Snowup Dog launched Doggies NFT collection as part of partnership with Sandbox Metavors.
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