Pudgy Penguins surpass temporarily BAYC:
For a brief moment, the floor price of a Pudgy Penguin has exceeded that of the Bored Ape Yacht Club.
This first in the history of NFTs highlights the rapid evolution of the market.
Despite Yuga Labs’ recent acquisition of Proof, Pudgy Penguins continue their ascent.
Pudgy Penguins in the limelight
Recently, the floor of the NFT collection Pudgy Penguins temporarily surpassed that of the prestigious Bored Ape Yacht Club (BAYC).
According to recent data, a Pudgy Penguin reached a price of 22.2 ETH, approximately 60,700 dollars, while a Bored Ape slightly declined to 22.1 ETH (around 61,500 dollars). This brief surpass, although fleeting, marks a relatively key moment in the NFT ecosystem given the reputation of the BAYC collection.
It’s a testament to a visionary leader who actively engages the community while staying true to the Web3 philosophy. Let’s hope Yuga takes notes.”
Daniel Meagaard stated
A gradual depreciation of the Bored Ape Yacht Club (BAYC)?
Since November, Pudgy Penguins have seen an impressive rise, climbing from 5 ETH to approximately 21 ETH, representing a 320% appreciation.
In parallel, the floor price of Bored Apes has declined since their peak in April 2022, dropping from an all-time high of around 160 ETH to its current value of about 22 ETH.
This downward trend for the Bored Apes comes despite Yuga Labs’ recent acquisition of the non-fungible token (NFT) company, Proof, causing mixed reactions within the community.
