Pudgy Penguins has denied rumors about acquiring the OpenSea platform, stating its current plans and strong partnerships.
Denial of Acquisition Rumors
On Saturday, Pudgy Penguins' head of security, known as Beau, dismissed the acquisition rumors, stating, "Pudgy Penguins didn’t buy OpenSea… chill."
Plans of Pudgy Penguins
Beau also emphasized that the project has big plans, and there’s no need to focus on just one possible acquisition. He highlighted the importance of partnerships with brands like Lufthansa and NASCAR.
NFT Market Rebounds
The NFT market is showing renewed momentum, with a total market capitalization hitting $6.6 billion in July, marking a 94% increase from the previous month. The CryptoPunks collection, leading this resurgence, saw its prices jump by 53%.
Thus, Pudgy Penguins continue to evolve and expand their partnerships, focusing on strategic goals rather than speculation about acquiring OpenSea.
