NFT & Blockchain Gaming Weekly - 📊 Pudgy Penguins Floor Price Surpasses BAYC
NFT & Blockchain Gaming Weekly - 📊 Pudgy Penguins Floor Price Surpasses BAYCPudgy Penguins floor price up 25% weekly, surpasses BAYC. SBI Holdings is launching an NFT minting for the World Expo 2025. Notcoin launches Telegram Gaming Accelerator.
Quick Take
Chart of the WeekThe Pudgy Penguins NFT collection experienced a significant surge in value and activity, spurred by Pudgy Penguins and OverpassIP forming the parent company, Igloo Inc. Igloo also acquired Frame, an Ethereum-based rollup network focused on NFT creation, trading, and management. The collection’s floor price rose by 57%, from 7.29 ETH on 19 June 2024 to 11.45 ETH at the time of writing, marking a 25% increase week-on-week. Its market capitalisation (105,000 ETH) surpassed Bored Ape Yacht Club (101,000 ETH) on 3 July 2024 following the floor price rally. Pudgy Penguins CEO Luca Netz also set a bold price target of 200 ETH per Pudgy Penguin, contributing to the surge. New Project SpotlightThe following table shows selected top games by weekly volume in USD: Gaming Token PerformanceThe total market cap for gaming tokens now stands at $21.13 billion, decreasing by -15.65% from last week. News Highlights
Recent Research Report
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