🐧 Pudgy Penguins Take a Dive: Market Update 🐧

Big waves in the NFT world as Pudgy Penguins face a chilling market correction! ❄️

• 📉 Floor Price Drop: From 33 ETH ➡️ 17 ETH in just 24 hours.

• 🚨 PENGU Token Crash: After its debut on Solana, PENGU soared to $0.068 but nosedived 54% to $0.031 under heavy selling pressure.

• 📊 Market Impact:

• Meme coin giants like PEPE (-6.3%), Dogecoin (-4.3%), and Shiba Inu (-4%) also saw declines.

• Meme coin market cap shrinks 3.5%, now at $127 billion.

🏆 BAYC Takes the Lead:

With a floor price of 18.89 ETH, Bored Ape Yacht Club has surpassed Pudgy Penguins, becoming the 3rd largest NFT collection by market value.

🔍 Behind the Sell-Off:

Traders rushed for fast profits after PENGU’s airdrop, creating volatility and a shake-up in the $2.3 billion market.

What’s next for Pudgy Penguins? Can they waddle back into the top tier? 🐧💎

Stay tuned to Binance for the latest on the NFT and crypto markets!

#NFTnews #CryptoUpdate🚀🔥 #PudgyPenguins #pengu #Binancepen_spark #Write2Earn!