The popular NFT project 'Pudgy Penguins (胖企鵝)🐧' has made a splash in the digital collectibles market since its launch in 2021, thanks to its cute imagery. Recently, they announced the launch of the official token '$PENGU' and previewed its release on the Solana chain within this month.
In addition to success in the NFT and cryptocurrency space, Pudgy Penguins is also actively expanding into the physical market, collaborating with retail giants like Walmart and Target to launch merchandise that attracts a broader audience.
Currently, the floor price for Pudgy Penguins' NFTs has reached 17.75 ETH (approximately $68,535), with a total market cap of $609 million. According to CoinGecko data, trading volume surged by 245% in the past 24 hours, reaching 2,082 ETH (about $8 million), sparking market discussions.