Pudgy Penguins trading volume surges 241% following Walmart deal

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The surge is likely connected to Walmart announcing it would sell Pudgy Penguin-branded toys across 2,000 locations.

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank ChaparroPudgy Penguin volume rose 241% between Sept. 24 and Oct. 1. following the news.Learn more about Access Protocol

Pudgy Penguins brought in $3.32 million in volume between Sept. 24 and Oct. 1 — a 241% increase compared to the week prior, according to The Block's Data Dashboard. The $3.32 million in weekly volume is the highest that Pudgy Penguins has brought in since July of this year.that it would sell toys connected to the Pudgy Penguin brand across 2,000 stores.

Pudgy Penguins is an NFT collection of 8,888 cartoon penguins. The project has netted 190,563 ETH in total trading volume and has a floor price of 4.9 ETH , according to the NFT marketplace OpenSea. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

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