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「Fat Penguin」 NFT had a humble fair launch price of only about $63 four years ago, and today a single NFT boasts a staggering ROI of 94,780%.

By: theblockbeats.news|2025/07/23 03:02:26

BlockBeats News, July 23, today marks the 4-year anniversary of the fair launch of the Pudgy Penguins NFT series, where each "Pudgy Penguin" NFT was priced at 0.03 ETH. At that time, ETH was trading at around $2100, making the cost of a single "Pudgy Penguin" NFT only $63.

At the time of writing, the floor price of a single "Pudgy Penguin" NFT is now at 15.97 ETH, approximately $59,700, not accounting for the airdrop gains from LilPudgys and PENGU tokens. This represents a 94780% increase from the initial investment price.

An address shorting PENGU was liquidated, incurring a $13.15 million loss, and has subsequently opened another short position, currently unrealized at a $100,000 loss.

10K announces project failure, airdrops over $2.3 million worth of tokens to pre-sale users