Remember those electrifying days in crypto when everything felt like it was mooning overnight? If you're a blockchain veteran or just dipping your toes into meme tokens, you've got to check out this throwback from the Solana NFT scene. A recent tweet from @TopoGigio_sol has the community buzzing, sharing a chart that's straight out of crypto folklore.
The post highlights the DeGods NFT collection—a popular project on the Solana blockchain known for its stylized god-like avatars. Back in June 2023, the floor price (that's the lowest price you could snag one for) skyrocketed to a jaw-dropping 2,000 SOL before settling around 1,000 SOL. For context, SOL is Solana's native token, and during that period, it was trading at much lower USD values than today, making those numbers even more mind-blowing in retrospect.
What makes this chart so legendary? As the tweeter puts it, "One of the most 'you had to be there to understand' charts of all time." It wasn't just a blip; there were months where DeGods held a 500 SOL+ floor, fueling a frenzy that defined the NFT season on Solana. The self-reply adds a personal touch: "I was there and I barely can believe it was real." It's that kind of nostalgia that resonates with anyone who's ridden the crypto rollercoaster.
Replies poured in, echoing the sentiment. One user reminisced about minting DeGods as their first Solana project, while others shared the euphoria of NFT season surpassing any other crypto hype. Even skeptics chimed in, questioning the exact peaks but agreeing on the wild ride. It's a reminder of how volatile and exciting blockchain ecosystems can be, much like the meme token pumps we see today on platforms like Solana.
Why does this matter for meme token fans? DeGods, with its community-driven vibe and memetic appeal, shares DNA with modern meme coins. Projects like these thrive on hype, scarcity, and that FOMO factor. Looking back at 2023's boom can offer insights into spotting the next big thing—whether it's an NFT collection or a viral token. Solana's speed and low fees made it a hotspot then, and it's still powering meme token launches now.
If you're curious, head over to the original thread on X (formerly Twitter) to join the conversation. Who knows, maybe we're on the cusp of another epic season. Stay tuned to Meme Insider for more deep dives into crypto history and the latest meme token trends that could shape your portfolio.