Pudgy Penguins is witnessing a notable increase in trading activity as anticipation builds for the upcoming Human Resource NFT airdrop. Scheduled for January 29 at 6 PM GMT, this event allows each holder to claim up to five NFTs, significantly altering the trading landscape. The source notes that this surge in interest could lead to increased market volatility as collectors prepare for the drop.
Significant Investment in Pudgy Penguins
In a striking display of confidence, a single buyer invested over $1 million in Pudgy Penguins within just one hour, signaling a commitment to a long-term position rather than engaging in short-term flipping. Market analyst Aixbt pointed out that this trend reflects a strong conviction among traders, who are strategically positioning themselves ahead of the snapshot.
Impressive Trading Volume and Stable Floor Price
The NFT collection has achieved an impressive $38 million in trading volume over the past week, placing it second among all Profile Picture (PFP) collections. Meanwhile, the floor price has remained stable at approximately 509 ETH, indicating a controlled accumulation strategy among traders. This behavior suggests that participants are not simply reacting to market hype but are making informed decisions in anticipation of the forthcoming airdrop.
Recently, at the Consensus 2025 conference, a major announcement was made regarding a historic airdrop targeting XRP holders, which could significantly impact the crypto landscape. For more details, see the full article here.
