Pudgy Penguins navigate market swings as NFT prices dip and Abstract debuts
Pudgy Penguins' floor price declined to 10.75 ETH on Feb. 1 from its December peak of 29 ETH, marking a 63% decrease following several significant ecosystem developments. The saga began after the Dec. 5 announcement of $PENGU, the project's Solana-based memecoin, which initially sparked a rally in N…