Pudgy Penguins has recorded two reverse leads to the final week: the value of PENGU token is in a bull pump of +28%, and the gross sales quantity of the NFT assortment has dropped by -30%.
Pudgy Penguins: the value efficiency of PENGU token in pump of +28% within the final 7 days
Excellent news for PENGU, the token of Pudgy Penguins, which within the final seven days has recorded a worth pump of +28%.
On the time of writing, PENGU is price $0.042 in comparison with $0.032 every week in the past. This worth efficiency seems to be higher than a few of the most important cryptos, corresponding to Bitcoin (BTC) and Ethereum (ETH) in a pump of +6% every.
PENGU is within the 53rd place within the general crypto rating, with a whole market cap of two.63 billion {dollars}.
Yesterday, the value of the Pudgy Penguins token reached as excessive as $0.044. Typically, PENGU is experiencing a 250% worth surge since its launch, which occurred on December 17.
In reality, on that date, the NFT challenge workforce had formally launched the PENGU airdrop, giving a prize of 92,000 {dollars} to the NFT holders.
PENGU was launched on the Solana blockchain, which grew to become well-known for the stable buying and selling exercise within the memecoin sector.
Pudgy Penguins: PENGU token in pump, NFT assortment gross sales declining and the GIF and sticker technique
Whereas on the crypto facet, PENGU began 2025 with sturdy worth efficiency, on the NFT facet, the Pudgy Penguins assortment appears to be in decline.
In reality, in accordance with the info reported by CryptoSlam, within the final seven days, gross sales of the Pudgy Penguins NFT assortment have dropped by -30%. Regardless of this decline, Pudgy Penguins stays the highest assortment within the rating with a weekly gross sales quantity of over 7.1 million {dollars}.
Pudgy Penguins consists of 8,888 NFTs that signify distinctive and lovely penguins, which have captured the crypto-community and past, rising impressively.
Solely in these first days of the yr, Berko Crypto, group lead of Pudgy Penguins, needed to publicly report the outcomes of the NFT challenge:
In follow, Pudgy Penguins carried out a viral technique of GIFs and stickers, recording over 1.1 billion views within the first 5 days of 2025.
The NFT market in 2024
Remaining within the NFT sector, a ultimate evaluation revealed that 2024 ended with a complete gross sales quantity of 8.8 billion {dollars}. That is an improve of 100 million {dollars} in comparison with the entire NFT gross sales quantity recorded in 2023.
This consequence signifies that, regardless of the sluggish development of this crypto micro-sector, NFTs proceed to be alive within the blockchain ecosystem.
Wanting on the movement of gross sales quantity in the course of the yr, plainly the previous couple of months have been essential.
In reality, after a horrible September, volumes began to rise once more from October, with December being the revolutionary month of all 2024 for a complete NFT gross sales quantity of 877 million {dollars}.
Pudgy Penguins joined the normal efficiency of December 2024 for the NFT market, remaining on the high of the collections rating, with a month-to-month gross sales quantity of 115 million {dollars}.