Pudgy Penguins, a popular NFT collection, has experienced a significant rebound in its floor price, rising by 10.19% over the past 24 hours. This increase has allowed Pudgy Penguins to surpass Bored Apes in floor price, positioning them as the second highest floor price among PFP collections, just behind CryptoPunks. Additionally, 39 Pudgy Penguins were swept for $1,174,941 (337 ETH), pushing the floor price to 9.2 ETH. The highest recorded price of a Pudgy Penguin NFT was 21.29 ETH on February 17, 2024, when Ethereum was valued at $2,800. The recent surge in demand has seen Big Pudgys reclaim a 9 ETH floor, and the collection is now being recognized for its strong community and potential to drive crypto adoption. Notably, Pudgy Penguin #3604 was bought for 10.00 ETH. The official parent company, Igoo, aims to create the largest onchain community.
