PFPs May Further Heat UpAug 24, 2021
NFTs have been on a boom for the past month since the 100 punk sweep with even more Profile Picture (PFP) projects gaining traction. Visa has very recently publicly bought a CryptoPunk and has it as their profile picture, showing public support for NFTs. This vote of confidence from a major corporation further drove the floor prices of CryptoPunks from ~57.5 ETH to 63.7 ETH on day close.
In the past month, Pudgy Penguins have undoubtedly gained the most popularity and became one of the most used PFP on Twitter, partially popularized by 0xElm0 – an anon meme peddler on CT. Another notable mention would be, being featured on The New York Times. Pudgy Penguins have grown to a peak of ~4.5 ETH before settling now at ~3 ETH(+2365%) in the past month.