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    Home » News » NFT Collection on a Comeback: Pudgy Penguins Just hit a new all-time high

    NFT Collection on a Comeback: Pudgy Penguins Just hit a new all-time high

    By energiiDecember 28, 2022Updated:January 29, 20232 Mins Read

    OG blue-chip NFT collection Pudgy Penguins NFT has hit a new all-time high! The collection reached a floor price of 7.3 ETH just yesterday, flipping blue-chip collections like Clone X and Doodles.

    Pudgy Penguins NFT
    Pudgy Penguins, one of the earliest blue-chip NFT collections, has hit a new all-time high.

    Pudgy Penguin’s Price Surge 

    The Pudgy Penguin’s community has been through a rollercoaster of events in the past year, to say the least. With that being said, the collection has seen positive price movement ever since it was bought out by Luca Schnetzler. Further, the analytics for Pudgy Penguins in the last 7 days have been astonishing. According to OpenSea, the collection ranked 6th based on total volume traded compared to all other collections. To specify, users traded 1457 ETH worth of Pudgy’s, which is a 546% increase. MAYC, Otherdeed, and Crypto Punks were all within striking distance. In addition, in that same 7-day period, there have been 214 Pudgy Penguin sales.

    Additionally, Pudgy Penguin’s secondary collection, Lil Pudgys, also saw a boost in floor price. In the past 7 days, there has been a 578% increase in volume and 1085 sales. The collection is currently sitting at 0.49 at the time of writing this.

    The recent surge in floor prices displays the positive sentiment the NFT community has towards Pudgy Penguins. This has everything to do with Schneltzer, better known as Luca Netz on Twitter. His transparency and vision have the community excited for what’s to come. A licensing deal was recently signed to turn Pudgy’s into physical toys, for example.

    The floor prices of some notable collections are up, as is Twitter engagement, putting many in a state of hysteria. Only time will tell how long this state of excitement will last.

    Pudgy Penguin toys
    Physical Pudgy Penguins! Credit: @LucaNetz

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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