Pudgy Penguins Surpasses BAYC – Key Factors Behind the Rise

Pudgy Penguins (PENGU) has been gaining attention with a surge in floor price and interest. The NFT collection, once a niche player, has recently outpaced Bored Ape Yacht Club (BAYC). This news has sparked a flurry of activity within Pudgy Penguins' ecosystem.

PENGU Token Launch Fuels Excitement

The long-awaited PENGU token launch has been confirmed, causing a wave of excitement. Announcements on Pudgy Penguins’ X page and Luca Netz’s profile revealed the token will launch in 2024. 

Although the exact date remains unclear, the mere confirmation has sparked intense speculation. One post suggests the token may launch on December 24, but no official verification has come. 

Regardless, the announcement has created an electric atmosphere among collectors and fans. The surge in anticipation is driving new activity and higher engagement within the ecosystem.

Floor Price Soars, Surpassing BAYC

The PENGU token news has caused Pudgy Penguins’ floor price to soar. According to data from Dune Analytics, the floor price has risen by 50% in just one week. The collection also saw a 158% increase over the past month and a 285% rise over the past year. 

Pudgy Penguins' floor price stands at 21.47 ETH, or about $84,410. This places the collection ahead of BAYC, whose floor price is 19.69 ETH ($77,401). These impressive gains have pushed Pudgy Penguins to the forefront of the NFT market. 

For now, the combination of innovation, anticipation, and strong community support is fueling Pudgy Penguins’ growth. With the PENGU token on the horizon, Pudgy Penguins seems poised for an even brighter future.