DeGods’ DUST Token Surges on GTA 6 Cryptocurrency Rumors, Only to Be Dashed by Reality

The value of DUST, the native token related to the NFT collection DeGods, experienced a significant rise today, surging from $0.62 to near $0.80. This sudden increase in value appears to be connected to an unverified and uncommon report distributing that the upcoming Grand Theft Auto video game will include the cryptocurrency in some capability.

The conjecture was later shown to be incorrect, yet it had currently created a significant drop in the token’s worth, dropping over 90% from its optimal, causing a turbulent journey for the token.

DUST is a multi-chain token, offered on both Ethereum and Solana, that serves twin functions: utility and administration. It was originally distributed to DeGods holders as an incentive for staking their NFTs, with the quantity made boosting gradually.

The token has actually been fairly dormant during the bearish market, yet it has actually just recently gained interest on Crypto Twitter. The renewed rate of interest appears to have been triggered by a Twitter individual named Top Smoke, who is recognized for his excitement for DeGods and his speculative concepts. In a tweet, Leading Smoke made an instance for why he believes GTA 6 will certainly integrate DUST, mentioning the reality that the VP of innovative writing at Rockstar Gamings adheres to DeGods on Twitter and that DeGods uses the GTA font in their Twitter banner. This has actually brought about raised conjecture and conversation around the token’s possibility.

The DeGods group had recently freshened their Twitter banner with a distinctive image of a bustling city, matched by the renowned GTA font. This aesthetic upgrade stimulated a flurry of exhilaration amongst their fans, who began enthusiastically sharing their thoughts and viewpoints on the change.

Players might have thought it was plausible given that reports regarding cryptocurrency in GTA have actually been flowing for a while. After GTA 6 was announced on November 8, reports quickly spread out that the video game might incorporate cryptocurrency. In spite of the lack of any kind of official verification from Rockstar Gamings, the designer of GTA, these rumors have continued. Actually, Superstar has remained tight-lipped about the issue, and the rumors have frequently appeared implausible.

As one of the most current rumor gained traction on Twitter, DUST saw a surge in assistance. In feedback, DeGods modified their Twitter banner once again, likely in an attempt to minimize the reports without directly challenging them.

The DeGods Twitter account placed an end to the supposition by launching a declaration, stating, “I just valued the font.” As a result, DUST’s worth dropped from its high of nearly $0.80 to $0.66, representing an 8% gain for the day.


Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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