2024-12-10
Pudgy Penguins overtakes Bored Ape
Yacht Club (BAYC) to become the second-largest NFT collection by market cap on December
9, 2024.
Pudgy Penguins' floor price recently
jumped 8.4% to 22.1 ETH ($86,922), boosting its market cap to $772.5 million,
surpassing BAYC's $755 million.
CryptoPunks remains the largest NFT collection with a market cap of $1.5 billion.
The rise in Pudgy Penguins' value
coincides with the announcement of an upcoming token airdrop, the Pengu token,
which will launch on the Solana network with 25.9% of the supply allocated to
the community, has likely fueled interest.
