Trading Volume Rises 241% After Pudgy Penguins' Walmart Partnership
Author: Maria AndersonThe collaboration with Walmart involves the sale of toys connected to the Pudgy Penguin brand, with a total of 26 available across 2000 stores. Customers purchasing these toys also gain access to a gaming platform called Pudgy World, with the opportunity to create a ‘Forever Pudgy’ avatar. Each toy carries a price tag of up to $12.
Pudgy Penguin is an NFT collection of 8,888 cartoon penguins, and has so far made $321.9 million in total trading volume as per the data from the NFT marketplace OpenSea, with its floor price standing at 4.9 ETH, equivalent to $8,270.