Snoop Dogg's Weed-Themed NFTs on Telegram Sell Out in a Blazing 30 Minutes!

$12 Million in Sales and 1 Million NFTs Minted on TON Blockchain

Holy smoke, Snoop Dogg's latest NFT drop just set Telegram on fire! Millions of these weed-inspired digital collectibles, paying homage to the rap legend himself, vanished in a mere 30 minutes after launch. Talk about a high demand!

Telegram's big boss, Pavel Durov, couldn't contain his excitement, revealing that the collection raked in a whopping $12 million and included around 1 million NFTs, all minted on The Open Network (TON) blockchain. Cha-ching!

Durov took to X to shout it from the rooftops, calling the launch an absolute smash hit and admitting that the demand blew their minds. Who knew Snoop's NFTs would be this hot?

This NFT drop, soaked in Snoop's iconic style, was a wild ride of digital collectibles. We're talking marijuana-themed goodies, a digital dog that's straight-up dope, vintage cars that'll make you wanna cruise, swag bags that'll have you feeling like a boss, and other themed symbols that are pure Snoop.

Pavel dropped another bombshell, saying that both the blockchain minting and secondary market trading for this blazing collection will kick off in just 21 days on the TON blockchain. Get ready to light up your wallets!

But wait, there's more! Snoop Dogg, never one to miss a beat, dropped a fresh track called "Gifts" along with a music video that showcases the entire collection. It's like a party in your browser!

Snoop's no stranger to the blockchain game, having already merged his brand with platforms like The Sandbox and Roobet. He's all about using this tech to connect directly with his fans, serving up content and collectibles like a boss.

This latest collection is part of Telegram Gifts, a feature that lets you flex your animated digital collectibles on your profile or turn them into Stars, Telegram's in-app currency. It's not just about looking cool; these items are designed to be both expressive and functional in Telegram's growing digital economy.

Telegram Gifts first hit the scene in January 2025, thanks to an update from MyTonWallet, a self-custodial wallet built on the TON blockchain. It's been a wild ride ever since!

And get this, this isn't the first time Telegram Gifts have caused a frenzy. Just a few days ago, on July 4, limited-edition items themed around American symbols like Crystal Eagles, Statues of Liberty, and Liberty Torches sold out in less than a minute. Durov said all 15,000 Crystal Eagles, priced at around $100 each, were snatched up in just 45 seconds. Talk about patriotic hype!

While the recent success of Telegram Gifts has some folks thinking the NFT hype is back, the market data tells a different story. Don't get too high on the hype just yet.

🚨 Snoop Dogg just dropped a track about Telegram NFTs on $TON. Moves are coming, and you don't wanna miss out. The time for gains is now. 🚀📈

But hold up, NFT sales volumes have taken a nosedive this year. CryptoSlam's data shows a 61% drop in Q1 2025 compared to last year. In the last 30 days alone, overall sales have plummeted by 41% to just over $403 million, with transactions dropping more than 55%. It's a wild ride, but keep your eyes on the road!