NFT— Pudgy Penguins collection released on the blockchain Ethereum, has risen sharply in price and is already trading at a higher price than Bitcoin.
The most expensive digital picture from the collection is now on sale at a trading site NFT-site OpenSea at 50,3093 ETH or $197,508, the cheapest non-fungible token with a penguin image costs 27,65 ETH or $108,460. For comparison, the current price Bitcoin equals $101,500.
Over the past seven days, Pudgy Penguins has captured 21,88% of the market, surpassing Bored Ape Yacht Club, which has a 16,31% share, according to Coingecko.
Rising prices for NFT from the Pudgy Penguins collection comes amid a recovery in the non-fungible token market that began in November. Last month, sales volumes NFT grew by 57,8% to $562 million, which was the highest monthly figure since May 2024. The most popular among investors were NFT from collections Cryptopunks and Pudgy Penguins.
In December, interest in digital penguin pictures increased even more. This happened after the developers announced the release of the Pengu (PENGU) token on the blockchain. Solana until the end of 2024.