Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surge came in light of the native NFT token set to be released in the near term.
Pudgy Penguins price on Ethereum (ETH) rose to 21.49 ETH or equal to $83,930, surpassing Bored Monkey Yacht Price of 19.85 ETH or equal to $83,930.
According to CoinGecko Data On December 9, these NFTs rose 7.1% from 19.85 ETH the previous trading day. Trading volume also increased by almost half in the last trading day to 2,653 ETH.
The rise of this penguin-inspired non-fungible token (NFT) amid the native token $PENGU announced a few days ago. This token will be released on Solana this year (SOL) Blockchain.
Igloo Inc. would provide a token supply worth $88 billion, with 25.9% of the supply allocated to the community. Another 24% is allocated to another municipality, while 11.48% goes to the company.
“$PENGU will have a total supply of 88,888,888,888 and will launch on Solana.”
they further mentioned X’s contribution on December 6th
Viral Pudgy Penguins NFT
According to the post, these viral Pudgy Penguins have gained traction this year with millions of followers and billions of viewers around the world. These NFTs also reached a market cap of 188,569 ETH after the price increase, which is just a few caps away from the Bored Ape Yacht NFT at 196,101 ETH.
The NFTs with 8,888 unique penguin cartoons listed on Ethereum will also seek a new all-time high of 22.9 ETH, which was reached 10 months ago on February 17th.
Penguin’s company also secured $11 million to build a new Layer 2 project to support companies called Cubed Labs that aim to mass cryptocurrency adoption. This project will take a user-centric approach to create abstracts and deploy the testnet ahead of the next wave of consumer crypto products.
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