The NFT collection Lil Pudgy, created by Igloo.Inc, has reported a dramatic increase in trading volumes over the past day, reaching $297,061, a 266% increase from the previous day.
Lil Pudgy and Pudgy Penguins: Sales Climb
According to data compiled by Tiexo, the Lil Pudgy collection recorded a trading volume of 110 ETH in the last 24 hours. This surge is attributed to increased interest in the NFT series, which features a limited edition of 22,222 NFTs hosted on the Ethereum blockchain. The Pudgy Penguins collection from Igloo.Inc, consisting of 8,888 penguins, also saw an 8% increase in sales, totaling $266,017.
Factors Encouraging NFT Growth
The sudden growth of the Lil Pudgy and Pudgy Penguins collections is related to the launch of an NFT eBook. Last month, the creators of Pudgy Penguins partnered with Random House Kids to release "The Worst Birthday Present Ever". This eBook is available for purchase online and at Walmart stores.
Latest NFT News
Lil Pudgy and Pudgy Penguins have climbed to the second and third spots in the global NFT market chart, respectively. The top seller in the NFT space remains Courtyard, a platform using NFTs to represent physical collectibles.
The increase in trading volumes for the Lil Pudgy and Pudgy Penguins collections highlights a growing interest in NFTs and creates new opportunities for market participants. The launch of the eBook also contributes to expanding the audience and popularity of these collections.
