As the last week of December folds the chapter of 2022, the Pudgy Penguins NFT collection is ready to start the new year with an iconic start this holiday season by ranking to an all-time high in the OpenSea marketplace.
The hype over NFTs is going to continue in 2023 as people rush to buy Pudgy Penguin despite the bear market. The floor price of this collection hit 7.1 ETH, which is around $8,400, showing the increasing interest in the project.
According to Nansen’s report, the collection price has jumped 32% in the last 24 hours.
CTO Lorenzo shares that the upcoming year is going to bring new projects by the team including physical products, digital experience, Scaled IP licensing, and much more.
When asked about why this collection peaked during the holidays, the CEO Luca Schnetzler or Netz said it’s a
“culmination of Christmas and Penguins being a cold animal.”
The Pudgy Penguins team recently announced a partnership with Sotheby’s to launch rare NFTs as Soulbound tokens via auction. The project plans to become a proper IP brand that is solely controlled by the team and NFT holders together.
“We plan to release many things in 2023. Some will be a wild success and others will not. In a space growing so fast, our team has a strong bias towards action,” Lorenzo said in a Twitter post.
