Pudgy Penguins, a popular NFT collection, has experienced a fluctuating floor price, dropping to 15.90 ETH from around 20 ETH due to market dynamics and licensing news from Overpass. Despite this, the collection has seen a 200% increase year over year, prompting discussions about market resilience and crypto investment suitability. Additionally, there has been significant trading activity, with around 1,000 ETH of Pudgy Penguins loans changing hands, demonstrating the efficiency of the market in absorbing these transactions.
Something like 1,000 ETH of Pudgy Penguins loans changed hands yesterday, kinda crazy how efficient the market is that they mostly all got gobbled up. Only 12 defaulting loans left, down from 150ish at peak. https://t.co/XGXIIRcpFh
The Daily Modern Market Snapshot: Mon 29 Jan Headlines 👉Pudgy Penguins fall 8% to 15.8 ETH after Overpass licensing news Details from @pudgypenguins: " Until today, licensing in Web3 has been expensive and full of friction. With @OverpassIP and the help of @SaaSyLabs, we’ve… https://t.co/nG3ZH1dHuz
Pudgy penguins are up +200% year over year, and some people are freaking out about a 15-25% drop? Some of y’all are not built for crypto and it shows.
Pudgy penguins are up +200% on the year, and some people are freaking out about a 15-25% drop? Some of y’all are not built for crypto and it shows.
Don't say I didn't warn you penguins on the short term outlook. The charts never lie... Current Pudgy Penguin floor price now down to 15.90e on blur from ~20e. Expect to bounce around this range for a few months...📉 https://t.co/FQTj0AUalY
Tons of ppl bashing Pudgy Penguins for the floor price dumping Not a good feeling, am I right?😂 https://t.co/AwX8HjsrrE
Just packed a pretty big bag of Pudgy loans on Blend. Lots of yield right now, even below 10 ETH principal.
Just packed a pretty big bag of Pudgy loans on Blend. Lots of yield even below 10 ETH principal.
pudgy fucking penguins https://t.co/DQfOKYIEDf