This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
PENGU, the Solana meme coin tied to the Pudgy Penguins NFT collection, surged 26.7% amid a broader NFT market rally. The spike follows a $10 million CryptoPunks sweep that reignited trader interest in digital collectibles. Major collections like Bored Ape Yacht Club and Azuki also posted double-digit gains.
- A $10 million CryptoPunks sweep triggered a domino effect, boosting NFT floor prices and meme coins like PENGU.
- Pudgy Penguins’ Solana meme coin strategy aims to attract new audiences beyond Ethereum-native NFT collectors.
- Prediction markets show growing confidence in NFT-related tokens, with REKT’s exchange listing odds jumping to 62%.
📎 Related coverage from: decrypt.co