In a rapidly changing world, non-fungible tokens (NFTs) are gaining momentum due to global adoption and acceptance. Pudgy Penguins, one of the top NFT collections, has made headlines in the past 24 hours due to a significant price surge.
According to Chinese reporter Colin Wu, Pudgy Penguins grew by more than 7% in a single day, becoming the second largest NFT after CryptoPunk. Additionally, Pudgy Penguins has surpassed leading non-fungible tokens such as Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).
According to the latest updates from CoinGecko, Pudgy Penguins demonstrated a notable growth of 7.7% over the past 24 hours, trading at a minimum price of 14.59 ETH, equivalent to $51,955. With a market capitalization of 129,676 ETH or $461,778,243, Pudgy Penguins has secured the second spot in the NFT market.
CryptoPunk, the largest NFT by market capitalization, is currently trading at a minimum price of 45.99 ETH ($162,140), maintaining a stable price over the past 7 days. The NFT market capitalization stands at 459,624 ETH, equivalent to $1,620,428,286, making CryptoPunk the largest NFT.
Currently, BAYC is valued at a minimum price of 12.31 ETH ($43,825), indicating a slight decrease of 0.8% over the last day. The NFT market capitalization is 123,045 ETH or $438,166,795. Meanwhile, the minimum price of MAYC is 2.11 ETH ($7,524.43), with a minor decline of 0.3%. The market capitalization of MAYC stands at 41,182 ETH, valued at $146,651,148.
A post by Chinese reporter X also shed light on the remarkable performance of Runestone, a bitcoin-based NFT collection. Runestone has seen significant growth over the past day, surpassing NodeMonkes, another bitcoin-based NFT. According to CoinGecko, Runestone demonstrated a substantial growth of 14.8% over the last 24 hours, unlike NodeMonkes, which experienced a decrease of 6.1%.