A significant $10 million purchase of CryptoPunks NFTs spurred a widespread rally across the non-fungible token market, boosting major collections including Pudgy Penguins and its associated PENGU token.
The transaction significantly impacted the CryptoPunks market, pushing its floor price upward by 16.5% and acting as a catalyst for renewed investor interest across the broader NFT sector.
Pudgy Penguins demonstrated notable gains, with its floor price climbing 13.3% to 16.57 ETH (approximately $63,154). Simultaneously, the project’s PENGU token experienced a substantial 26.7% surge, driving its market capitalization past the $2.4 billion threshold.
The positive market sentiment extended to other leading NFT collections. Established names like Bored Ape Yacht Club and DeGods registered double-digit percentage increases in their respective floor prices.
Rektguy’s floor price recorded a significant 27% increase, reaching 0.64 ETH (approximately $2,437), coinciding with the project’s strategic pivot towards becoming an Ethereum-based brand coin with ties to non-alcoholic beverage sales.
Market perceptions for the REKT token linked to Rektguy also improved notably, with analysts indicating a significantly higher probability (around 62%) of the token securing listings on major centralized exchanges such as Binance or Coinbase.