Analysis: If the PENGU airdrop is successful, it may influence other NFT projects to follow suit and launch tokens.
Editor
2024-12-15 23:03 7,107
Share to:
Golden Finance reported that Waleswoosh, an anonymous researcher of the Azuki NFT series who previously disclosed that OpenSea registered a foundation in the Cayman Islands, posted on the X platform that if the PENGU airdrop is successful, it can have a huge positive impact on other NFT projects that are about to launch token plans. . The Pudgy Penguins floor price has risen to around 33 ETH over the past few days, mainly because they were undervalued in the pre-market (based on the value of their PENGU allocation): basically the floor price before the airdrop, the expected floor price after the airdrop, and the PENGU The difference between assigned values.
Waleswoosh added: "The market values of Azuki, Doodles, etc. are currently well below 500 million US dollars. I think the floor price of Pudgy Penguins after the airdrop should stabilize around 20 ETH. Those who think it will fall back to 10-15 ETH It does not take into account the launch of the Abstract mainnet in January 2025, which may stimulate other top 20 NFT projects to follow suit and launch tokens.”