Pudgy Penguins NFT collection hits record high

The Pudgy Penguins NFT collection recently achieved a new milestone, with its floor price reaching an all-time high of 21.7 ETH, highlighting a surge in market value and popularity.

This development mirrors growing investor confidence in NFTs as a viable asset class, with the collection's market cap now standing at $484,652,037.

Featuring 8,888 unique NFTs crafted from 150 hand-drawn traits, the Pudgy Penguins have experienced rapid appreciation since their launch, emphasising their significant cultural impact.