The Pudgy Penguins NFT collection first dropped in July 2021, selling out within minutes. Since then, the collection has grown to 8,888 NFTs held by more than 4,000 people, Open Sea data shows. The collection’s floor price is roughly $27,000, up from $90 more than two years ago. The collection’s market cap stands at nearly $250 million, CoinGecko data shows.
