Pudgy Penguins trading volume surges 241% following Walmart deal

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By BitcoinWiki News

Key Takeaways:

– Pudgy Penguins, a blue-chip NFT project, experienced a surge in trading volume after collaborating with Walmart.
– The project generated $3.32 million in weekly volume between Sept. 24 and Oct. 1, marking a 241% increase compared to the previous week.
– This is the highest weekly volume for Pudgy Penguins since July of this year.
– Walmart announced on Sept. 26 that it would sell toys related to the Pudgy Penguin brand across 2,000 stores.
– Purchasing one of the 26 toys provides access to the digital gaming platform called Pudgy World, where users can play games and create a “Forever Pudgy” avatar.
– The price of a Pudgy toy ranges up to $12.
– Pudgy Penguins is an NFT collection consisting of 8,888 cartoon penguins.
– The project has accumulated a total trading volume of 190,563 ETH ($321.9 million) and has a floor price of 4.9 ETH ($8,270) according to the NFT marketplace OpenSea.


The trading volume for the NFT project Pudgy Penguins has significantly increased following a collaboration with Walmart. Between September 24 and October 1, Pudgy Penguins generated $3.32 million in volume, a 241% increase compared to the previous week. This is the highest weekly volume for Pudgy Penguins since July. The collaboration with Walmart involves the sale of toys connected to the Pudgy Penguin brand in 2,000 Walmart stores. Purchasing these toys gives customers access to a digital gaming platform called Pudgy World. The Pudgy Penguins NFT collection consists of 8,888 cartoon penguins and has generated a total trading volume of 190,563 ETH ($321.9 million). The floor price for Pudgy Penguins on the NFT marketplace OpenSea is 4.9 ETH ($8,270).

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