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Yo, Snoop Dogg just absolutely crushed it with his latest NFT drop on Telegram Gifts. I'm talking nearly a million NFTs sold out in literally 30 minutes. Pavel Durov announced the numbers and honestly it's insane — $12 million generated from this single collaboration. The whole NFT market felt it too, with global sales jumping 7.75% right after launch.
So here's what went down with the Snoop Dogg NFT collection. They had five different tiers ranging from the most exclusive stuff down to more accessible pieces. The premium tiers? Gone in under two minutes. Westside Sign sold out in 1 minute 47 seconds, Low Rider in 1 minute 52 seconds. Everything else followed just as fast. We're talking 996,000 NFTs across five levels, from 12,000 rare pieces down to 600,000 of the base tier.
What's interesting is that this isn't just another celebrity cash grab. Snoop's been in crypto since 2013 when he started selling albums for Bitcoin. He's collected Bored Apes, CryptoPunks, built the Snoopverse in The Sandbox, worked with Cardano on Clay Nation, and even bought Death Row Records to turn it into an NFT-only label. This Snoop Dogg NFT moment on Telegram is basically the natural next step in his whole Web3 journey.
Telegram Gifts itself is looking solid too. Their first drop, Plush Pepe, is trading at 4,200 TON on secondary markets. The entire platform has crossed $200 million in market cap with over $122 million in trading volume since launching in January. People are actually using these NFTs as profile items, so they're not just speculative assets anymore.
They even dropped a new Snoop track called 'Gifts' with a music video featuring every single NFT from the collection. Community's calling the whole thing legendary. Official minting and trading launches in 21 days, so people are already trading these on TON's secondary markets. The whole Snoop Dogg NFT drop proves celebrity-backed digital collectibles still have serious pull, especially when you combine them with a platform that's actually building real utility.