The floor price of the Pudgy Penguins NFT collection is up 25% as the NFT market shows modest signs of recovery, with penguin NFT prices nearly doubling this month. It’s currently around 6 ETH ($7,310), according to nftpricefloor.com.
Pudgy Penguins CEO Luca Schnetzler tellHe told the Financial Times that the project is returning some of its profits to token holders, even though other NFTs have seen their value collapse. It has entered into an agreement to produce NFT-related children’s toys and books.
in early December The collection, titled “Snowed In: A Rare Pudgy Penguins Sale,” sold out at an auction hosted by Sotheby’s earlier this month for nearly $129,000, featuring several rare Pudgy penguins with unique characteristics. such as gold skin and egg ornaments.
The NFT market began to see a recovery in sales volume. Ethereum, in particular, saw a 56% increase in sales to $19 million. followCryptoSlam data with more than 50,000 transactions on the blockchain.
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