tl;dr
The Pudgy Penguins floor price has surpassed $100,000, marking a 20% increase in the last 24 hours. The NFT project is generating excitement and speculation ahead of its token airdrop on Solana. With the upcoming launch of the ecosystem token PENGU on Solana, the project has gained momentum, reachin...
The Pudgy Penguins NFT floor price has exceeded $100,000, surging by over 20% in the past 24 hours, ahead of the token airdrop on Solana. The ecosystem token, PENGU, is set to launch on Solana, rewarding NFT holders and propelling the floor price to a new high.
Notably, companion NFT collections Lil' Pudgys and Pudgy Rods have seen a remarkable surge of over 90% in the last seven days and are poised to receive a portion of the PENGU airdrop. Pre-market trading indicates the potential fully diluted valuation of PENGU at $4.5 billion, aligning with top market cap tokens.
Once overlooked, Pudgy Penguins has now emerged as a prominent web3 brand, expanding into physical toys and blockchain-integrated games. Its parent company, Igloo Inc., raised over $11 million for blockchain development, solidifying its position in the market.
The Pudgy Penguins floor price has broken through $100,000, climbing over 20% in the last 24 hours amidst fervent speculation about the upcoming token airdrop on Solana. The project, comprising 8,888 Penguin NFTs, has skyrocketed in value, cementing itself as the second most-expensive PFP project.
The excitement around Pudgy Penguins intensified as the ecosystem token, PENGU, announced its forthcoming launch on Solana, contributing to a new all-time high price. The companion NFT collections also experienced significant increases, with Lil’ Pudgys and Pudgy Rods up by over 90% in the last seven days.
Pre-market trading suggests a potential fully diluted valuation of PENGU at $4.5 billion, aligning it with top market cap tokens. Pudgy Penguins, once overlooked, has transformed into a pervasive web3 brand with expansions into physical toys and blockchain-infused games, solidifying its position in the market.