Author: stella@footprint.network
Data source: Pudgy Penguins NFT Collection Dashboard
The Pudgy Penguins NFT series is an Ethereum blockchain project consisting of 8,888 unique penguin avatars. Can this NFT project reach the peak of development in 2024?
About Pudgy Penguins
A unique series in the NFT universe, Pudgy Penguins consist of 8,888 unique penguins, whose ownership is verifiably guaranteed on the Ethereum blockchain. Each NFT in this collection is more than just a digital asset, but a symbol of its community’s values of “love, empathy, and compassion.” Pudgy Penguins has become synonymous with positive culture and has expanded its influence beyond digital collectibles.
The Pudgy Penguins collection goes beyond traditional concepts of digital ownership and, in addition to its artistic value, offers holders a range of exclusive experiences and events, further highlighting its uniqueness.
Pudgy Penguins NFT Series
The team behind Pudgy Penguins
The team behind Pudgy Penguins is a diverse and dynamic group of builders, thinkers, operators, and creators, all united by a common vision to make Pudgy Penguins the fastest growing Web3 brand in the world. This group, affectionately known as "The Huddle", includes not only the core team, but also a community that contributes a wealth of perspectives and ideas. The community collaborates to innovate and cultivate a popular Web3 brand.
Pudgy Penguins' development journey has gone through changes in leadership. The project was originally co-founded by Cole Villemain and Clayton Patterson. Due to a series of events facing community doubts, the founder was replaced after a vote in the Discord community, which led to the project being sold to Luca Schnetzler, known as Netz, for 750 ETH in April 2022.
Netz's acquisition and subsequent leadership were critical to the project. Through strategic rebranding, he led the team back to the original intention of the project, guided Pudgy Penguins through the bear market, made the project perform significantly, and increased the value of the NFT. .
Pudgy Penguins NFT Data
In the ever-changing world of Web3, understanding non-fungible tokens (NFTs) is like exploring a vast, unknown ocean. Data analytics is a tool that helps all stakeholders find their way, such as collectors, investors, and creators. It does this by carefully looking at transaction records, ownership conversions, price changes, and the interactions between users and NFTs. This information helps people make smart choices, avoid risks, and discover new opportunities in the NFT market.
Having a guide like this is essential to staying on track in the ever-changing NFT space. It helps make choices that are in sync with the market and ensures that no one gets lost in the vast sea of NFT data.
market trend
The NFT market is a vibrant ecosystem, and data indicators are like a barometer to measure its changing trends. Key indicators such as market capitalization, trading volume, floor price, and trading market activity provide us with insights into the health and growth potential of the field.
Investors who can navigate market trends can predict the direction of the tide, manage investment risk, and discover hidden opportunities. This data is important as it is the basis of a smart investment plan and a line of defense against the ups and downs of the NFT market.
Data source: Pudgy Penguins NFTs - Market Cap, Volume and Floor Price
According to NFT data from Footprint Analytics, Pudgy Penguins’ floor price and market cap are clearly trending upward. This NFT project stands out for its solid structure and strategic approach, thriving during a difficult development winter for many other projects.
user behavior
In the NFT space, user behavior data such as total sales, total buyers and sellers, unique holders, and daily transactions provide a microscopic view of user behavior. Indicators such as daily sales, transaction volume, and fluctuations in the number of holders, sellers, and buyers provide real-time insights into the pulse of the market.
Analyzing this user behavior data gives NFT participants a deeper understanding of market sentiment and participant activity. Trends such as peak buying times, shifts in holder sentiment, and the emergence of buying and selling pressure can be identified. By leveraging this intelligence, investors and creators can refine their strategies to align with market demand and stay ahead in the ever-changing world of NFTs.
Data source: Pudgy Penguins NFTs - Daily Holders, Sellers and Buyers
According to the latest NFT data from Footprint Analytics, the number of Pudgy Penguins NFT holders has stabilized at approximately 4,300 as of January 15, 2024. The current supply to holder ratio is 2.05. With the floor price rising since the fourth quarter of 2023, user engagement has clearly increased.
Obtaining NFT Data with Footprint Analytics
Footprint Analytics offers a comprehensive blockchain analytics suite that enables analysts, developers, and investors to transform raw blockchain data into actionable insights. Key features include structured tables for organized data presentation, a coding-free platform for seamless NFT analysis, and a detailed API for a thorough understanding of relevant metrics.
Our data coverage includes major blockchains such as Ethereum, Polygon, BNB Chain, Cronos, Optimism, and Sui, as well as leading exchange marketplaces such as OpenSea, LooksRare, and Blur.
Browse our NFT Research page to explore the data we have available. If you need access to blockchain data outside of our catalog, we invite you to embark on a journey with us. Schedule a meeting and we can discuss adding new blockchain data or customizing a personalized data solution for your NFT collection.
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Footprint Analytics is a blockchain data solutions provider. With cutting-edge artificial intelligence technology, we provide the first code-free data analysis platform and unified data API in the Crypto field, allowing users to quickly retrieve NFT, game and wallet address fund flow tracking data for more than 30 public chain ecosystems.
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