In the wide world of NFTs and crypto, volatility isn’t always just volatility — sometimes, rapid surges in the value of a digital asset may predict continued, sustainable growth. Following Pudgy Penguins’ August 2022 floor price surge of over 400 percent, the project has since seen its floor continue a steady increase. In a single week (from December 22 – 28), Pudgy Penguin’s floor price has risen over 50 percent, shooting up from 4.50 ETH to 6.92 ETH as of writing, according to data collected by CoinGecko.
And it’s not over yet — on December 27, four Pudgies sold for 40, 33, 27, and 25 ETH as part of a broader 175 ETH floor sweep that pushed the project into the 6 + ETH range.
Source NFT now