Summary
TLDR: Bored Apes NFT trading interest is declining while Pudgy Penguins NFTs are gaining popularity. Pudgy Penguins CEO is focusing on building the brand with toys and a game release. Yuga Labs, owner of Bored Apes, faced backlash over high gas fees for NFT minting. The rise of Pudgy Penguins may be attributed to their perceived coolness factor.
Key Points
1. Bored Apes Yacht Club has seen a decrease in trading interest, while Pudgy Penguins continue to gain momentum in the NFT market.
2. The floor price of Bored Apes was $57,469, while Pudgy Penguins’ floor price was $51,730, indicating a shift in popularity towards the latter project.
3. Pudgy Penguins, led by CEO Luca Netz, has expanded into a successful intellectual property brand with the release of toy versions in Walmart stores and the upcoming open-world game, Pudgy World.