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Penguins are notably earthbound creatures. The Pudgy Penguin NFT collection, however, is held back by no such constraint.
In fact, Pudgy's are currently on a moonshot not seen since the 2021 NFT craze. Pudgy holders have received airdrops worth thousands of dollars from other projects. A strategic partnership with Walmart continues to pay normie dividends. And with Abstract Chain, their own L2 on the roadmap, the vibes are immaculate. Though things were not always this way.
In early 2022, Pudgy Penguins experienced some rough sledding. The floor price was down bad. The same NFTs that demand a premium today were being sold for less than 1ETH for more than a month.
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* Bankless team holds crypto assets and advise crypto projects. Matter Labs is included in our disclosures. See our complete investment disclosures here
