Pudgy Penguins Token Sees Significant Gains Amid Renewed NFT Market Interest Following CryptoPunks Purchase

Key Points

1. A $10 million CryptoPunks purchase triggered a market rally, increasing its floor price by 16.5% and boosting other NFT collections like Pudgy Penguins.

2. Pudgy Penguins' floor price rose 13.3% to 16.57 ETH (~$63,154), while its PENGU token surged 26.7%, surpassing a $2.4 billion market cap.

3. Other NFT collections, including Bored Ape Yacht Club and DeGods, also saw double-digit floor price increases amid the market revival.

4. Rektguy's floor price surged 27% to 0.64 ETH (~$2,437) as it pivoted to an Ethereum-based brand coin tied to non-alcoholic beverage sales.

5. Market sentiment improved for REKT token, with a higher probability (62%) of listing on major exchanges like Binance or Coinbase.