An NFT from the Pudgy Penguins collection has sold for a breathtaking 400 ETH (around $600k) in a remarkable moment for the popular penguin project. It is the biggest ETH sale ever for the Pudgy Penguins project and signifies a massive moment for the penguins.
The NFT in question #6873 is the rarest of the 8,888 NFTs. It is the only pfp with a green background and faces the other direction to the rest of the NFTs. However, this is not the first big sale of #6873. Previously, it sold for 225 WETH in September of 2021.
Pudgy Penguins NFT sells for 400 ETH!
The new owner of the rare Penguin NFT #6873 is @KinkyBedBugs, a vocal enthusiast of the project. In a tweet yesterday, he said, “I put my money where my mouth is. I’m just 1000% bullish on the @pudgypenguins and @LucaNetz. That’s what it is, and that’s what it will be.”
Although there have been many jokes about the sale of the NFT for 400 ETH on Twitter, it could be a genius move by the new owner. Furthermore, in recent weeks, the floor price for a Pudgy Penguins NFT has risen 83% and 69% over the last month.
What next for the popular penguins?
In April this year, Luca Schnetzler, a member of the Pudgy community, brought the entire collection from the founder amid controversy. Now, the project is thriving, with a great community and a clear direction for the future.
The sale of the Pudgy Penguins for 400 ETH proves that there are many serious believers in this unique collection that has a floor price of 3.9 ETH.
Finally, there are plans for some huge additions to the Pudgy Penguins ecosystem. Long term, they will also introduce a range of physical plush toys, a children’s book, and much more.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
Comments (No)