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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.
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.
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.
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