🐧 NFT drama alert! Pudgy Penguins' PENGU token soared 13% on Jan. 5, hitting $0.040, a whopping 250% rise since its Dec. 2024 debut. But wait, there's a twist! Large holders cashed out, causing a dip to $2.3 billion as NFT sales plunged over 50%. Yet, their viral GIFs are still making waves with 1.1 billion views!

Meanwhile, PUBG creator Brendan Greene is crafting a metaverse but says "no thanks" to NFTs.

And in the art world, Eden Gallery seeks to dismiss a lawsuit from NFT holders claiming a "rug pull." 🎨

What are your thoughts? Dive into the comments!