Pudgy Penguins NFTs Soar Past $100,000 Amid Solana Airdrop Frenzy

The Pudgy Penguins NFT collection has captured the crypto world’s attention, with its floor price skyrocketing past $100,000—an impressive 20% increase within the last 24 hours. The buzz stems from mounting excitement surrounding the Ethereum-based NFT project and its upcoming token airdrop on Solana.

Initially trading at around $62,000 just last week, the collection of 8,888 unique Penguin NFTs shattered its previous all-time high. Shortly after, the Pudgy Penguins team announced the launch of an ecosystem token, PENGU, which will debut on Solana. The new token aims to reward holders within the Pudgy Penguins ecosystem, further fueling investor interest.

Since the announcement, Pudgy Penguins has solidified its position as the second most valuable profile picture (PFP) NFT collection, boasting a staggering 99% increase in value over the past seven days. Currently priced at over $103,000 in ETH, this new milestone propels Pudgy Penguins ahead of the renowned Bored Ape Yacht Club, as per data from NFT Price Floor.

With its strong performance and growing hype, Pudgy Penguins continues to dominate headlines and set new benchmarks in the NFT market, leaving traders and collectors eager for what lies ahead in its expanding ecosystem.

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