The Pudgy Penguins NFT collection has seen a significant rise in market activity and value, surpassing the Bored Ape Yacht Club (BAYC) in terms of floor price and market cap. The collection's floor price reached 13.47 ETH, with BAYC trailing at 12.54 ETH, marking a 10.50% gap towards matching BAYC's market cap. This surge is attributed to a variety of factors, including the holiday season's increased retail spending, which boosted demand for Pudgy Penguins as gifts, and the introduction of $PENGU, the collection's associated token. Additionally, a contract with Walmart to sell stuffed toy versions of the NFTs has significantly contributed to the collection's popularity, making The Igloo Co, the company behind Pudgy Penguins, home to the world's hottest NFT collection. This strategic move has not only helped the collection navigate through the crypto winter but also sparked a Web3 boom, creating 59,216 new wallets and showcasing the brand's impact beyond digital collectibles. The collection's market value rose to $454m, becoming the second largest NFT collection after CryptoPunk.
Very few people are now concerned with BAYC's floor price and whether it's surpassed by pudgy๐ง Overturning what doesn't concern you! Wherever there is a wealth effect, people will go there. If Yuga Labs doesn't innovate, its demise is inevitable ๐
Grifter sold for 8.0ฮ https://t.co/Ykx5cQdMAY https://t.co/uOGyxHzgKs
โMove over Bored Apes. Thanks to a contract with Walmart to sell stuffed toy versions of its cute aquatic birds,The Igloo Co is home to the worldโs hottest NFT collection.โ https://t.co/6yEKFUNQ2s
Move over Bored Apes. Thanks to a contract with Walmart to sell stuffed toy versions of its cute aquatic birds,The Igloo Co is home to the worldโs hottest NFT collection. Read more: https://t.co/pPiRHJtwzv https://t.co/feByUSGDdZ
โLuca Netzโ adorable penguins, however, appear to be a metaverse game changer. Proving that it's not only possible to hug an NFT, but profitable as well.โ https://t.co/OtMmzeIb8T
In the past 24h, Pudgy Penguins rose by more than 7%, with a market value of $454m, surpassing BAYC and becoming the second largest NFT after CryptoPunk. In the Bitcoin ecosystem, Runestone has increased by nearly 3% in the past 24h, surpassing NodeMonkes and becoming the fourthโฆ
Move over Bored Apes. Thanks to a contract with Walmart to sell stuffed toy versions of its cute aquatic birds, The Igloo Co is home to the worldโs hottest NFT collection. https://t.co/UEKj7Or7yP https://t.co/NgqcWr9LPH
How $30 Plushy Penguins Helped An NFT Company Survive Crypto Winter https://t.co/L9dVyMw6cg https://t.co/btZbfZ2IFW
BREAKING: @pudgypenguins RE-FLIPS @BoredApeYC IN MARKET CAP TO BECOME THE 2ND LARGEST NFT COLLECTION IN THE WORLD https://t.co/oT832wupLp
Pudgy Penguins ๐ง to $100,000 ๐ https://t.co/LOF9ZxPCIL
I just bought #alphadegen.pudgy & #rgv666.pudgy from @PartnerWithUD @unstoppableweb ! I feel im one step closer to @pudgy ๐๐๐งก @sandy_carter ๐๐๐
Azuki #7483 bought for 9.00 ETH (31,725.09 USD) on Blur #GrailAzuki #Azuki https://t.co/Fkd9ICRurP https://t.co/InnGmF2pnI
Grail Grab ๐ jeffreyepsteindidntkillhimself69inu.eth bought Redacted Remilio Babies (@RemilioBaby) #1748 for ฮ8 Collection's Floor: ฮ0.95 Rarity: #839 https://t.co/TnIc2ltiEx https://t.co/rjM10WuanU
Toxic Beast sold for 35.0ฮ https://t.co/wTVEEIAyf2 https://t.co/VEybH3Hk8h
BREAKING Pudgy Penguins ๐ง flipped BAYC in Market Cap https://t.co/EmHuo8GedV
A unique collectible of 8,888 penguins, Pudgy Penguins are adored for their charm and humor. An iconic collectible, these flightless birds foster community engagement and resilience. These penguins are looking for a new home: https://t.co/oGWrj89JWK https://t.co/jjCHdp9UPX
NFTs were going through a slump, but prices for @pudgypenguins kept rising. How $30 plushies and Americaโs biggest retailer helped these virtual penguins soar. My latest for @Forbes https://t.co/0zjhC2F2i2
Pudgy Penguins ๐ง to 20 ETH ๐ https://t.co/XkmQlXDQYZ https://t.co/xLT00KRI3q
Seems like $PUDGY will launch at $1B+ easily ๐คทโโ๏ธ๐ง https://t.co/79QtxNfwSj
Pudgy token to a trillion https://t.co/a0ZQyihGXz
Grifter sold for 9.0ฮ https://t.co/dK2IDUbIx0 https://t.co/lCoycpV474
WASTER sold for 30.0ฮ https://t.co/HXIoWzeSGp https://t.co/94eYrSX6or
Grail Grab ๐ c4dfea bought mfers #9154 for ฮ6.96 Collection's Floor: ฮ0.685 Rarity: #1072 https://t.co/raMFKq2CNa https://t.co/BTKv6TzEd9
NEWS: @pudgypenguins Flips BAYCโs Floor Price, Alters NFT Hierarchy Read the full story ๐โฌ๏ธ https://t.co/ru89cJSneu https://t.co/5102KOEamQ
Imagine pudgy coin on base lol 20bn at day 1
Mfer coin at 200M? Pudgy coin has to be 2B ๐ง https://t.co/L58BgN8w35
Pudgy Penguin #8197 bought for 17.20 ETH (60,005.81 USD) on Blur #PudgyPenguins https://t.co/2HBpPHbarO Powered by @AlohaLabsxyz https://t.co/K401tVHWU6
NEWS: ๐ง @pudgypenguins plush toy line sparks a Web3 boom, creating 59,216 new wallets & showcasing the brand's vast impact beyond adorable collectibles! ๐๐ผ This surge in engagement, particularly around the holiday season, highlights the brand's innovative approach toโฆ
BREAKING PUDGY PENGUINS ๐ง ARE DROPPING $PENGU https://t.co/s3IbJAiBeZ https://t.co/UBFCxDktPo
Grail Grab ๐ antxx24.eth bought Ringers by Dmitri Cherniak (@dmitricherniak) #13000194 for ฮ39 Collection's Floor: ฮ25 Rarity: #31115 https://t.co/fGMva2xTtC https://t.co/yMgnXRPSex
Pudgy Penguins have surpassed Bored Apes in terms of floor price. Currently, Pudgy's floor price is trading at 13.47 ETH, while BAYC's is at 12.54 ETH. Pudgy is now 10.50% away from tying with BAYC in market cap. https://t.co/9VIlCfLmPx https://t.co/7kUb8RXcgP
The floor for Pudgy Penguins ๐ง is thin Wonโt take much until weโre back at 20 ETH ๐ธ https://t.co/Pmtq224ggd
lil Pudgy Penguins ๐ง are the Alpha https://t.co/1pKYjRWYAs
Pudgy Penguins minting traits? Massive spike for minting traits around Christmas + Holiday season As retail spend increases during this time the demand on-chain also does The Penguin is a great gift Thanks for the alpha @nansen_ai https://t.co/OddLpS0kX4