Pudgy Penguins, a renowned non-fungible token project, is showcasing a remarkable return in the NFT market. The collection has set a new record, registering $18 million in daily trading volume.
Pudgy Penguins Record Sales Volume
Data from CoinGecko.com shows that Pudgy Penguins have exploded in daily trading volume. In the past 24 hours, they amassed a volume of 4,682 ETH, equivalent to $18,122,856 at current market rates. Launched in July 2021, this limited edition of 8,888 penguins hosted on the Ethereum blockchain has quickly gained traction.
Factors Driving Collection Growth
Several factors are contributing to the rapid growth of Pudgy Penguins, including the introduction of the PENGU cryptocurrency and rumors of an impending NFT holder airdrop. The announcement of the Abstract L2 Chain in January 2025 has also fueled interest.
Other Pudgy Collections
Other NFTs within the Pudgy Penguins ecosystem are also on the rise. The Lil Pudgy, featuring 22,222 NFTs on the Ethereum network, recorded a trading volume of 1,744 ETH, securing the second spot in the market. Pudgy Rod collection has also risen in ranks, becoming one of the top five traded NFTs.
Pudgy Penguins continue to capture top positions in the NFT market, driven by engaged communities and innovations that add value to holders.
