šŸ§ Pudgy Penguins Take a Dive: Market Update šŸ§

Big waves in the NFT world as Pudgy Penguins face a chilling market correction! ā„ļø

ā€¢ šŸ“‰ Floor Price Drop: From 33 ETH āž”ļø 17 ETH in just 24 hours.

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

ā€¢ šŸ“Š Market Impact:

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

ā€¢ Meme coin market cap shrinks 3.5%, now at $127 billion.

šŸ† 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.

šŸ” Behind the Sell-Off:

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

Whatā€™s next for Pudgy Penguins? Can they waddle back into the top tier? šŸ§šŸ’Ž

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

#NFTnews #CryptoUpdatešŸš€šŸ”„ #PudgyPenguins #pengu #Binancepen_spark #Write2Earn!