Pudgy Penguins Surpass Bitcoin; Floor Price Breaks $100K
It looks like the NFT craze is popping again, as NFT markets hit new highs this month amid the bull season within the cryptocurrency. Based on the most recent report, the favored NFT assortment, Pudgy Penguins NFT assortment, crossed the $100,000 mark as its flooring value reached $103.2K.
Pudgy Penguins, a beloved Ethereum-based NFT assortment, achieved a dramatic 240% surge in flooring value this month. The gathering’s flooring value skyrocketed from 9.45 ETH ($3,000) to 26.15 ETH ($103,000).
Pudgy Penguins On the Rise
The distinctive progress might be attributed to a number of key components. First, the hype across the Pengu token launch has generated important pleasure. One more reason is Ethereum’s latest value rally has had a direct affect on the NFT market, lifting the worth of property like Pudgy Penguins.
Furthermore, the gathering’s outstanding community-driven success can’t be missed. Pudgy Penguins has cultivated a loyal and engaged fanbase that continues to help and promote the model, additional fueling its market enchantment and contributing to its spectacular rise.
The crypto skyrocketed remarkably after Donald Trump’s one-sided victory within the Presidential election race. Bitcoin surpassed the most-awaited psychological mark of $100,000. Altcoins like Ethereum (ETH), Solana (SOL), and so many others additionally surged impressively.