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Pudgy Penguins Surge to Become Second Largest NFT

Apr 2, 2024

Recent reports by Colin Wu revealed that Pudgy Penguins experienced a growth of more than 7% in just a day, making it the second largest NFT after CryptoPunk. The NFT collection now surpasses other prominent tokens like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).

The latest data from CoinGecko shows that Pudgy Penguins increased by 7.7% in the past 24 hours, with prices starting at 14.59 ETH, equivalent to $51,955. Its market capitalization sits at 129,676 ETH or $461,778,243, securing its position as the second-largest NFT.

CryptoPunk, the leading NFT in terms of market capitalization, currently trades at a minimum price of 45.99 ETH ($162,140) and has maintained a stable price over the past week. Its market capitalization stands at 459,624 ETH or $1,620,428,286.

At present, BAYC is valued at 12.31 ETH ($43,825) after a slight 0.8% decrease in the last day, with a market capitalization of 123,045 ETH or $438,166,795. Meanwhile, MAYC is priced at 2.11 ETH ($7,524.43) with a 0.3% decline and a market capitalization of 41,182 ETH, equivalent to $146,651,148.

Additionally, a recent report highlighted the impressive performance of Runestone, a bitcoin-based NFT collection that has shown a growth of 14.8% in the past 24 hours, outpacing NodeMonkes, which experienced a decline of 6.1%.

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