In the rapidly changing world, non-fungible tokens (NFTs) are gaining popularity due to global adoption and adoption. Pudgy Penguins is one of the best NFT collections that has made headlines in the last 24 hours with its remarkable price increase.
According to Chinese reporter Colin Wu, Pudgy Penguins rose more than 7% in one day, becoming the second largest NFT after CryptoPunk. Additionally, Pudgy Penguins outperformed leading non-fungible tokens such as Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).
In the past 24 hours, Pudgy Penguins has risen over 7% with a market cap of $454 million, surpassing BAYC to become the largest NFT after CryptoPunk. In the Bitcoin ecosystem, Runestone is up almost 3% over the past 24 hours, surpassing NodeMonkes and becoming the fourth…
— Wu Blockchain (@WuBlockchain) March 31, 2024
According to the latest updates from CoinGecko, Pudgy Penguins showed a remarkable increase of 7.7% 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), which represents a stable price for the past seven days. The market cap of the NFT remains stable 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), which marks a slight decline of 0.8% from the last day. The NFT has a market cap of 123,045 ETH or $438,166,795. At the same time, the floor price of MAYC is 2.11 ETH ($7,524.43), with a negligible decline 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 sheds light on the remarkable performance of Runestone, a Bitcoin-based NFT collection. Runestone has risen significantly over the past day, surpassing NodeMonkes, another Bitcoin-based NFT. According to CoinGecko, Runestone has seen a substantial increase of 14.8% over the past 24 hours, in contrast to NodeMonkes’ 6.1% decline.
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