The rarest Pudgy Penguins NFT according to Lucky Trader rarity rankings sold for 400 ETH on Monday.
It's the highest sale in terms of ETH for the collection, which has seen its floor price almost triple in the last month. The rare, mirrored-trait, green-background Penguin sold for 225 WETH back in September of 2021, back when ETH was around $3,505. Though it is the highest sale, it goes down as a $159,995 loss for OpenSea user CoinUnited due to the change in ETH price, which is $1,572 as of the afternoon of Aug. 22.
Pudgy Penguins, which was acquired back in April, recently released its own marketplace and announced a line of toys. Crypto influencer Kaleo recently sung the NFT's virtues in an August Twitter thread, setting off the recent price floor increase.
Author Bio
TD Marquis
A veteran journalist and editor with more than a decade's worth of experience, TD helped a small community newspaper in Vermont win a New England Newspaper Association Right to Know Award in 2014. TD helped compile five years' worth of invoices to uncover a long-established practice of small-town government officials paying themselves six figures to do small jobs around town.
TD discovered NFTs with Top Shot in 2021 and his first NFTs on ETH were saving two Mooncats. He is now the proud owner of Rowhome #61 and 1,300 other NFTs of questionable value.
He also sent 4 ETH to a fake Mekaverse site and wants Lucky Trader readers to avoid the same fate.
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