DeFi News Daily Official TheBitTimes.com

Igloo Inc., the digital asset firm and the team behind the globally acknowledged Pudgy Penguins non-fungible token collection, has partnered with OpenSea, one of the largest non-fungible token marketplaces in the non-fungible token market, to offer the best trading experience to its fans. Under the new collaboration, OpenSea has become the official marketplace for the $PENGU and Pudgy Penguins non-fungible token collections. Pudgy Penguins Picks OpenSea As Its Official Marketplace In a September 04 blog post, the Igloo, through its Pudgy Penguins X account, confirmed that its crypto coin “$PENGU” and Pudgy Penguins non-fungible token collections have finally found somewhere they can call home after several years of existence in the blockchain ecosystem. This collaboration has received a warm appreciation from crypto and non-fungible token investors on X. Penguins have come home 🐧 OpenSea is now the official marketplace for both @pudgypenguins and $PENGU ...

The non-fungible token market, especially the Ethereum NFT market, is experiencing a short bull run, marked by a significant increase in trading sales volume and floor price values. In fact, the Ethereum NFT trading sales volumes are at their highest point in almost 2 years. Recent assessment shows that most blue-chip NFT collections have seen their floor prices, surging +30% in the past 30 days. ETH NFT Floor Prices Jump +30% In Dec 2024 Data compiled by CoinGecko.com an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, indicates that the majority of non-fungible tokens on the Ethereum blockchain network have been increasing at a rapid pace in the past few weeks. Since November, the majority of Ethereum-based NFT floor prices have surged +30% from the previous month. NFT Collection floor prices on $ETH have been increasing at a rapid pace the past few weeks. The moment ETH/BTC bounced seemingly gave investors the confidence to start bidding the...

In a remarkable departure from the digital realm of cryptocurrencies, Pudgy Penguins, a standout NFT project during the bear market, is set to introduce 26 unique toys into the inventory of 2,000 Walmart stores. This audacious move has sparked an immediate surge in the floor price of the Pudgy Penguins collection, soaring by over 11% to reach 5.2 ETH, all thanks to the announcement that the world’s largest retailer, with a colossal $600 billion revenue in 2022, is endorsing these crypto-inspired toys. As a consequence of this groundbreaking partnership, daily trading volume experienced an astonishing spike, surging by over 270% to a staggering 849 ETH, equivalent to $1.3 million, firmly positioning it as the second-highest in that time frame, just behind the renowned Bored Ape Yacht Club, according to CoinGecko. Walmart’s decision to champion a crypto-native project marks a much-needed revival for the NFT space, grappling with a substantial downturn following an extravagan...