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Pudgy Penguins Surpass Bitcoin; Floor Price Breaks $100K

The NFT market is experiencing a resurgence with the popular Pudgy Penguins NFT collection reaching new heights. Its floor price has crossed the $100,000 mark, exhibiting a 240% surge in price this month. The increase can be attributed to the excitement surrounding the Pengu token launch, the recent price rally of Ethereum, and the strong support from the collection's community. Additionally, the entire crypto market has seen significant growth, with Bitcoin surpassing $100,000 and altcoins like Ethereum and Solana also performing well.

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