1. The Pudgy Penguins Spark a Twitter Avatar Trend
Recently, Pudgy Penguins has sparked a wave of avatar changes in the crypto space, with industry institutions such as Coinbase, Binance.US, OpenSea, VanEck, OKX, and BitMart successively changing their official Twitter avatars to Pudgy Penguins derivative images. The endorsement from traditional financial giant VanEck is particularly crucial; this asset management company with a 70-year history not only changed its Twitter avatar to a Pudgy Penguin as early as 2024 but also rang the bell on Nasdaq with physical dolls on June 23 this year, bringing Web3 IP into the mainstream financial arena. The recent hype has also significantly boosted the price performance of Pudgy Penguins-related assets. As of July 17, the Pudgy Penguins ecosystem token $PENGU has surged over 216% in the past month, with a market cap briefly exceeding $2.8 billion. The trading volume of Pudgy Penguins NFTs has…
