The post Pudgy Penguins NFT boom sends PENGU token price through the roof appeared on BitcoinEthereumNews.com.

Pudgy Penguins NFT floor price is up 32.9% in one month to 12.10 ETH. PENGU token price has surged 282% from the April low to $0.014. Daily PENGU trading volume is currently above $317M, as the market cap exceeds $883M. The Pudgy Penguins NFT phenomenon has ignited a spectacular ascent in the PENGU token, capturing the attention of meme coin enthusiasts and NFT collectors alike. Pudgy Penguins NFT floor price surge fuels investor confidence Over the past month, the floor price for Pudgy Penguins NFTs has soared by nearly one-third, reflecting a renewed fervour among buyers seeking to participate in this digital art collection. Data from CoinGecko shows that each Pudgy Penguins NFT hit a median value of 12.10 ETH, marking a 3.5% uptick in just 24 hours as Ethereum (ETH) holders flock to this iconic series. The momentum builds upon a 20.4% increase in floor valuations over the last two weeks, underscoring the rapid pace at which demand has outstripped supply in a market driven by nostalgia and community culture. CryptoSlam’s activity dashboard corroborates this trend by reporting nine sales totalling over $180,000 in the last day, signalling that transactional volume is not only active but climbing steadily in line with rising valuations. With 5,004 unique owners holding their avatars for an average duration exceeding one hundred days, the diversity and resilience of the Pudgy Penguins community provide a sturdy foundation for continued market expansion. A series of social media campaigns and community-driven initiatives by the Pudgy Penguins team appears to have catalysed renewed interest, weaving a narrative that blends collectibility with a lighthearted aesthetic. Strategic collaborations with popular influencers and NFT marketplaces have amplified visibility, driving new entrants to the ecosystem and creating a virtuous cycle of demand that feeds further appreciation in floor prices. PENGU token skyrockets…

---

Filed under: News - @ May 8, 2025 1:25 pm