The minimum price for Pudgy Penguins is rising
In the last month, the minimum price of NFTs from the collection has increased by almost a third. Buyers have become more active, and the demand for 'digital penguins' has begun to rapidly outpace supply.
According to CoinGecko, the median price of one Pudgy Penguin reached 12.10 ETH, marking a 3.5% increase in just one day. Ether owners have started to flock to this collection, which is already considered iconic.
The momentum started with a 20% increase over two weeks and shows no signs of stopping. A combination of nostalgia, an active community, and smart marketing has reignited the market.
According to CryptoSlam, there were nine transactions in a single day for a total of over $180,000. This indicates that not only prices are rising, but trading volumes are also gaining momentum.
Currently, the collection has more than 5000 unique owners, many of whom have held their penguins for over 100 days. This distribution and loyalty create a stable base for further growth in interest.
The Pudgy Penguins team has launched a series of community-driven initiatives, reminding that this collection is not just an image but a light and fun style that attracts more and more people.
In addition, partnerships with well-known influencers and NFT marketplaces have boosted the project's visibility, creating a snowball effect: the higher the interest, the higher the price.
The PENGU token is soaring amidst the market recovery
Alongside the new surge of interest in Pudgy Penguins, the PENGU token showed over 25% growth in just one trading session.
At the beginning of April, the coin updated its minimum at $0.0037, but by now, according to CoinMarketCap, it has surged to $0.01441. This is a level that the market hasn't seen since February. Thus, PENGU has recovered by 282% from its bottom. All this happened due to high liquidity and wild interest from traders hunting for altcoins with high potential.