š§ Pudgy Penguins Take a Dive: Market Update š§
Big waves in the NFT world as Pudgy Penguins face a chilling market correction! āļø
ā¢ š Floor Price Drop: From 33 ETH ā”ļø 17 ETH in just 24 hours.
ā¢ šØ PENGU Token Crash: After its debut on Solana, PENGU soared to $0.068 but nosedived 54% to $0.031 under heavy selling pressure.
ā¢ 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.
š 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.
š Behind the Sell-Off:
Traders rushed for fast profits after PENGUās airdrop, creating volatility and a shake-up in the $2.3 billion market.
Whatās next for Pudgy Penguins? Can they waddle back into the top tier? š§š
Stay tuned to Binance for the latest on the NFT and crypto markets!
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