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International Business Times
International Business Times
Business
Marvie Basilan

Pudgy Penguins NFTs Are Now Worth More Than Bitcoin

Pudgy Penguins PENGU NFT Bitcoin Luca Netz CoinGecko
One Pudgy Penguin is worth over $108,000 as of early Dec. 12, 2024. (Credit: Pudgy Penguins on X / Video Screenshot)

KEY POINTS

  • Pudgy Penguins are now worth over $108,000 amid excitement for its upcoming token airdrop
  • The NFT collection will soon launch its official coin, $PENGU, before year-end
  • The NFT project plunged following internal issues and started recovering after its 2022 acquisition

The Pudgy Penguins non-fungible token (NFT) collection overtook Bitcoin late Wednesday as the community around the once-forgotten NFTs was reawakened over the last few days amid an upcoming token airdrop.

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