Odaily Planet Daily reported that Pudgy Penguins' native token PENGU rose by 13% on January 5, becoming one of the best-performing tokens in the cryptocurrency market. As of the time of writing, PENGU is priced at $0.04, having risen 250% since its launch on December 17. According to CoinGecko data, the token's initial market capitalization was $2.8 billion, and it has now fallen to $2.5 billion. Meanwhile, according to CryptoSlam data, despite the increase in PENGU's price, Pudgy Penguins' NFT sales fell to $5.5 million in the past week, a decrease of 52% from the previous week; the number of transactions decreased by 51%, and the number of buyers and sellers dropped by 56% and 41%, respectively. According to NFT Price Floor data, Pudgy Penguins was launched in 2021 and has now become the second-largest NFT collection by market capitalization, valued at $721 million, second only to CryptoPunks at $1.4 billion. (Cointelegraph)