MGMT's first album, Oracular Spectacular, debuted at #12 on the UK album chart and #6 on the Australian ARIA Charts, and hit #1 on the Billboard Top Heatseekers chart. It has also been named the 18th best album of the decade by Rolling Stone magazine. It was named the best album of 2008 by NME. MGMT also appeared prominently in Australia's Triple J Hottest 100 2008, coming in 2nd with "Electric Feel", 5th with "Kids" and 18th with "Time to Pretend”. MGMT was nominated for the 2010 Grammy Award for Best New Artist, and their track "Kids" was nominated for Best Pop Performance By a Duo or Group with Vocals. At the 2009 Grammy Awards, the Justice remix of "Electric Feel" won the Grammy for Best Remixed Recording, Non-Classical.
Since the release of Oracular Spectacular, which peaked at #60 on the Billboard chart, MGMT have achieved considerable commercial success abroad. Both the album and the single "Electric Feel" charted in the Australian Top 10 and the UK Top 20.
On October 5, 2007, Spin.com named MGMT "Artist of the Day." On November 14, 2007, Rolling Stone named MGMT as a top ten "Artist to Watch" in 2008. The band was named ninth in the BBC's Sound of 2008 Top Ten Poll. They were also named as Last. FM’s most played new artist of 2008 in their Best of 2008 lists.
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