Pudgy Penguins has hit a milestone as its floor price has surpassed that of Bored Ape Yacht Club (BAYC). As the market keeps tabs on the developments in the NFT space, interest could shift to new crypto project Bitcoin Dogs. The gaming and NFT collection platform just launched its ICO – the first-ever on the Bitcoin blockchain – and its flying.
Pudgy Penguins floor price surpasses BAYC
Pudgy Penguins, a collection of 8,888 NFTs that launched in 2021, has seen its floor price flip that of Bored Ape Yacht Club (BAYC). According to NFTs data, the Pudgy Penguins floor price rose more than 13% in 24 hours to reach 22.74 ETH, surpassing BAYC’s floor price of 22.15 ETH.
Trading volume for Pudgy Penguins also rose more than 80% to 10,486 ETH in the past week, compared to 5,812.4 ETH for BAYC during the same period. The milestone for Pudgy Penguins comes as the overall NFT space makes a notable comeback following the slump registered across the space during the crypto winter.
A focus on community combined with new metaverse initiatives, are key drivers of Pudgy Penguins’ remarkable resurgence. The anticipated Pudgy World Alpha, an initiative powered by zkSync and slated for debut in the first quarter of 2024, is also a notable factor.
NFT guru Daniel Maegaard, better known as Seedphrase, commented on the Pudgy Penguins feat, noting that BAYC creator Yuga Labs should take notes.
Bitcoin Dogs roars to $1.8 million presale raise
Bitcoin Dogs stands out among the newest ICO gems, riding the wave of interest in its innovative game and NFTs to storm through its first ICO stage with over $1.7 million raised. The BRC-20 token's ICO amount raised has so far increased to more than $1.8 million in stage 3.
The race to grab a share of the 810 million $0DOG tokens available in presale has entered stage 2, where the native token’s value is now at $0.0173 from $0.0105. The next stage comes in three days and will see the price rise to $0.0198 and in the next 27 days, the 30-day ICO will be ending to herald the era of $0DOG trading and Bitcoin Dogs dominance.
Watch the video below to learn more on why Bitcoin Dogs could soon lead the BRC-20 ecosystem.
Apart from its metaverse feature that will see $0DOG holders have fun taking care of virtual pet dogs and earning lucratively from it, Bitcoin Dogs brings 10,000 NFTs to Ordinals.
It’s a blend that sees Game-Fi meet the craze that continues to drive the dog-themed token space to new highs. The Bitcoin Dogs Club brings these opportunities to the crypto community, and on the world’s top blockchain Bitcoin. The Bitcoin Dogs whitepaper clearly captures what this project is all about.
Why is Bitcoin Dogs attracting a lot of investor attention?
Bitcoin and the top altcoins have recorded slight dips in the past 24 hours, with BTC trading at around $51,760 and ETH below $2,780. Solana, XRP, Cardano and Avalanche are also seeing some selling pressure, with the total crypto market cap hovering just above the $2 trillion mark.
However, the market remains bullish as inflows into spot Bitcoin ETFs continue to grow amid rising appetite from investors. On February 16, data showed the recently approved spot ETFs recorded over $331 million in inflows, the 16th straight trading day of net inflows. Among top performing ETFs, BlackRock’s IBIT recorded $191 million in inflows, with historical net inflows for the mega ETF hitting $5.36 billion.
It’s enthusiasm that’s driving investors across the market, and the upcoming Bitcoin halving is seen as one major catalyst in coming months. As market dynamics play out in favor of a bull run, the presale sector is heating up again. Bitcoin Dogs is likely to be one of the hottest.
Find out how to buy the native $0DOG token here.
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