DeGods is a popular NFT collection on the Solana blockchain, featuring 10,000 unique digital characters with different attributes and traits. DeGods holders can stake their NFTs and earn DUST, a utility token that can be used for various purposes within the DeGods ecosystem. DUST can also be obtained by burning any Solana NFT, creating a deflationary mechanism for the token supply.
DUST is currently trading at $0.16, up 28% in the last 24 hours, according to CoinGecko. The token has a market cap of $16 million and a circulating supply of 100 million. DUST is listed on several decentralized exchanges, such as Serum, Raydium, and Orca.
Why are GTA rumors driving up DUST price?
The reason behind the recent surge in DUST price is a bizarre and unsubstantiated rumor that DeGods is somehow involved in the upcoming Grand Theft Auto VI (GTA VI) video game, which is expected to be released by Rockstar Games in 2024. The rumor started on Twitter, where some users claimed that they had insider information that DeGods NFTs will be featured in GTA VI as collectibles or playable characters. Some even speculated that DUST will be used as the in-game currency for GTA VI.
The rumor quickly spread across social media platforms, such as Reddit, Discord, and Telegram, where DeGods fans and investors hyped up the possibility of a collaboration between DeGods and Rockstar Games. Some users pointed out that DeGods NFTs have a similar style and theme to GTA, and that DeGods founder Rohun “Frank” Vora has connections to the gaming industry. Others dismissed the rumor as a hoax or a pump-and-dump scheme.
However, there is no official confirmation or evidence to support the rumor, and neither DeGods nor Rockstar Games have commented on the matter. The rumor seems to be based on pure speculation and wishful thinking, and should be taken with a grain of salt.
How is DeGods community reacting to the rumor?
The DeGods community is divided on how to react to the rumor. Some are excited and hopeful that the rumor is true, and that DeGods will become a mainstream NFT project with a huge exposure and adoption. They believe that the rumor will attract more attention and demand to DeGods and DUST, and that the price will continue to rise.
Others are skeptical and cautious, and warn that the rumor is too good to be true, and that it could backfire and hurt the reputation and value of DeGods and DUST. They advise other investors to do their own research and not to buy or sell based on rumors. They also urge the DeGods team to clarify the situation and address the rumor.
The DeGods team has not issued any official statement or announcement regarding the rumor, and has not confirmed or denied any involvement with GTA VI. The team has been focusing on developing and improving the DeGods project, and has recently announced several updates and features, such as:
- A new website and roadmap for DeGods
- A migration of DeGods NFTs from Solana to Ethereum, and y00ts NFTs from Solana to Polygon
- A bridging of DUST tokens to both Ethereum and Polygon
- A partnership with BIG3, a professional 3-on-3 basketball league, to acquire a majority stake in the Ball Hogs team
- A collaboration with Bitcoin to create a limited edition of 21 DeGods NFTs on the Bitcoin blockchain
DeGods is a successful and innovative NFT project on Solana, with a loyal and active community. DUST is a utility token that powers the DeGods ecosystem, and has seen a significant increase in price and volume in the last few days. However, the main driver of the DUST rally is a weird and unsubstantiated rumor that DeGods is somehow linked to GTA VI, a highly anticipated video game. The rumor has no official confirmation or evidence, and could be a hoax or a manipulation tactic. Investors should be careful and do their own research before making any decisions based on rumors.
