Pudgy Penguins NFT Archives - Coin Engineer

NFT Market in 2025 Crashes: Which Collections Survived?

Yeliz Akmaca — Thu, 25 Dec 2025 13:30:28 +0000

The NFT market reached its lowest valuation at the end of 2025 after a year of sustained weakness. According to CoinGecko, the total NFT ecosystem value fell from $9.2 billion in January to $2.5 billion in December, representing an annual decline of approximately 72%.

This drop was not limited to prices. Weekly NFT sales in December failed to surpass $70 million, marking a slowdown compared to November. As the year ended, thinning liquidity contributed to the continued downward trend.

Participation Declined, Liquidity Weakened

The slowdown was also reflected in the number of buyers and sellers. CryptoSlam data showed unique buyers decreased to 135,120 by the third week of December. On the seller side, the decline was more pronounced: unique sellers fell 35.6%, dropping below 100,000 for the first time since April 2021.

Transaction volume mirrored this trend. In the third week of December, total NFT transactions dropped to 800,000, with even the first week of the month failing to exceed 1 million. These figures indicate speculative interest has sharply declined, with new market entrants remaining limited.

Why This Matters

The drop in participation naturally constrains liquidity, making price discovery harder and putting even strong collections under selling pressure. Weak year-end investor interest leaves the market vulnerable heading into 2026.

Blue-Chip NFTs Under Pressure

Top NFT collections were not immune. CoinGecko data shows CryptoPunks, Bored Ape Yacht Club, and Pudgy Penguins experienced floor price drops of 12–28% over 30 days, indicating weakening demand even for well-established projects.

Traditional year-end gains, often referred to as the “Santa Claus rally,” did not materialize this year, leaving collections to close 2025 with low volume and depressed prices.

Art-Focused NFTs Show Resilience

Despite the overall decline, not all NFT segments fell equally. Autoglyphs, Fidenza (Tyler Hobbs), and Chromie Squiggle recorded modest price increases. Pudgy Penguins also saw a 13% sales increase in Q1 2025, reaching $72 million, showing some blue-chip collections weathered the downturn.

FIFA Collect data reveals that reservation NFTs for high-demand teams like Argentina, Spain, and France sold for $999 each and quickly sold out, highlighting a shift from speculative, high-priced profile picture (PFP) NFTs toward more functional, community-oriented assets.

Sports Rollbots Surprise

Another highlight in December was Sports Rollbots, which entered the top 10 NFT collections by market cap. With a floor price of $5,800 and valuation above $58 million, it pushed Mutant Ape Yacht Club out of the top 10, showing that new projects can stand out even in limited liquidity conditions.

2025 data clearly indicates the NFT market is moving away from speculative growth. Declines in buyers, sellers, and transactions suggest a shift toward cautious market behavior, with low activity levels shaping the pace of recovery in 2026.

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Pudgy Penguins CEO Announces 1 Million Plush Sales in 12 Months

Tanju Akbıyık — Mon, 13 May 2024 12:00:05 +0000

Physical versions of the beloved Pudgy Penguin NFT collectibles are flying off the shelves. Luca Schnetzler, CEO of the non-fungible token (NFT) project, announced that more than one million Pudgy Penguin toys were sold last year alone.

The founder of the venerable Pudgy Penguins NFT project announced the staggering sales figures on May 13, highlighting the brand’s global expansion into various retail outlets.

“Who would have guessed that the front lines of the Consumer Crypto revolution would be defended by these rotten, flightless birds?” Schnetzler shouted.

This notable milestone comes on the heels of the May 12 announcement that Pudgy Toys, along with Pudgy World, is now available at United States retail giant Target.

Pudgy Penguins, a popular NFT collectible introduced in 2021, showcases 8,888 vibrant penguin avatars.

Despite a tumultuous start with carpet-pulling allegations against the former founder, Schnetzler acquired the brand in 2022 for $2.5 million.

Additionally, plush toy versions of the beloved penguins are now available at retail giant Walmart, further contributing to its triumph.

The Pudgy Penguin model offers NFT holders the opportunity to earn 5% royalties on net revenue from sales of physical products featuring their unique Pudgy Penguin.

According to NFT marketplace OpenSea, the base price of the NFT versions is 12.87 ETH, which is approximately $37,580 at current market rates.

As reported by OpenSea, the recent sale of Penguin #6873 stands out as the most hyped sale, bringing in a staggering 400 ETH for around $1.17 million.

The collection’s sales activity increased significantly in mid-February, reaching 439 sales per day at an average price of 20 ETH. Although sales volumes have decreased slightly since then, they were hovering around 269 sales per day as of May 6.

According to NFT sales tracking platform CryptoSlam, Pudgy Penguins ranks as the twelfth-highest NFT collectible in terms of secondary sales over the past seven days, with $2.2 million in sales.

Uncategorized Bitcoin Ordinals take the title of best-selling NFTs, while CryptoPunks remain the most sought-after collectible on the market.

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NFT Series Surpassing the Price of Bored Ape Yacht Club NFTs

admin — Sat, 17 Feb 2024 18:23:01 +0000

Pudgy Penguins NFT prices have surpassed the floor price of Bored Ape Yacht Club NFTs. The recent downward trend in Ape NFT prices is paving the way for Pudgy Penguins to take the lead.

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According to Parsec Finance data, as of 11:00 this morning, the floor price of a single Pudgy Penguins was 22.2 ETH ($61,780). At the same time, a single Bored Ape Yacht Club NFT was momentarily priced at 22.1 ETH ($61,500).

This minor price difference signals a shift in the NFT world, with Ape NFT seemingly losing its leading position.

Daniel Meagaard stated the following on the subject in a post he shared on Twitter:

“Pudgy Penguins NFTs have surpassed BAYC. This is proof of a visionary leader who involves the community while adhering to Web3 ethics. I hope Yuga is taking notes.”

Following this, Yuga Labs co-founder Gordon Goner made a statement on Twitter.

Proud of @pudgypenguins. I remember the feeling the team must be experiencing today, and it was beyond surreal. I miss working towards that singleness of purpose. Miss the hustle. @LucaNetz you earned this. Keep it up.

Finally, a worthy opponent. pic.twitter.com/8runSPnlOE

— GordonGoner.eth (Wylie Aronow) (@GordonGoner) February 17, 2024

Goner expressed his pride in @pudgypenguins. Furthermore, he continued:

“I remember the feeling the team must be experiencing today, and it was beyond surreal. I miss working towards that singleness of purpose. I miss the hustle. @LucaNetz, you have earned this. Keep going.”

Moreover, with the rise of Pudgy Penguins NFTs since November, there has been a net gain of 320%. Prices surged from 5 ETH to 21 ETH.

Source: Parsec Finance

In addition, Bored Ape NFTs have been on a downward trend since 2022. Its all-time high (ATH) was around 160 ETH. Currently, the price hovers around 22 ETH.

Source: Parsec Finance

Moreover, Bored Ape is struggling on the branding front, which is one of the factors negatively influencing the price. On the flip side, Pudgy Penguins is selling toys in Walmart and planning to launch a game.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

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