Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Pudgy Penguins Surges 7.7%, Becomes the Second-Largest NFT: Report

Pudgy Penguins Surges 7.7%, Becomes the Second-Largest NFT: Report

CoineditionCoinedition2024/03/31 10:43
By:Nynu V Jamal
  • With a market cap of 129,676 ETH ($461,778,243), Pudgy Penguins becomes the second largest NFT after CryptoPunk.
  • Pudgy Penguins has surged 7.7% in the last 24 hours, currently trading at a floor price of 14.59 ETH, equivalent to $51,955.
  • Runestone marks a substantial surge of 14% in the last day, surpassing NodeMonkes.

In the fast-moving world, non-fungible tokens (NFTs) are gaining traction due to global acceptance and adoption. Pudgy Penguins is one of the top NFT collections that has created headlines over the last 24 hours with its remarkable price surge.

According to Chinese reporter Colin Wu, Pudgy Penguins surged by over 7% in one day, becoming the second-largest NFT after CryptoPunk. In addition, Pudgy Penguins surpassed the leading non-fungible tokens like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).

In the past 24h, Pudgy Penguins rose by more than 7%, with a market value of $454m, surpassing BAYC and becoming the second largest NFT after CryptoPunk. In the Bitcoin ecosystem, Runestone has increased by nearly 3% in the past 24h, surpassing NodeMonkes and becoming the fourth…

— Wu Blockchain (@WuBlockchain) March 31, 2024

As per CoinGecko’s latest updates , Pudgy Penguins exhibited a notable 7.7% hike in the last 24 hours, trading at a floor price of 14.59 ETH, equivalent to $51,955. With a market cap of 129,676 ETH or $461,778,243, Pudgy Penguins has secured the second position in the NFT market.

CryptoPunk, the largest NFT by market cap, is currently trading at a floor price of 45.99 ETH ($162,140), marking a stable price for the last 7 days. The NFT’s market cap stands firm at 459,624 ETH, equivalent to $1,620,428,286, making CryptoPunk the largest NFT.

BAYC is currently valued at a floor price of 12.31 ETH ($43,825), marking a slight decrease of 0.8% over the last day. The NFT boasts a market cap of 123,045 ETH or $438,166,795. At the same time, MAYC’s floor price stands at 2.11 ETH ($7,524.43), with a negligible dip of 0.3%. MAYC’s market cap is recorded at 41,182 ETH, valued at $146,651,148.

The Chinese reporter’s X post also shed light on the noteworthy performance of Runestone, a Bitcoin-based NFT collection. Runestone has surged significantly in the last day, surpassing NodeMonkes, another Bitcoin-based NFT. According to CoinGecko, Runestone has exhibited a substantial increase of 14.8% in the last 24 hours, in contrast to NodeMonkes’ 6.1% decrease.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!