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August 26, 2025Coin Edition logoCoin Edition

Pudgy Penguins NFT Crash Deepens as PENGU Token Faces Bearish Pressure

Pudgy Penguins NFTs dropped 19.5% this week and over 30% in the last month, now at 10.29 ETH. 24-hour NFT sales surged 400% due to forced Blur marketplace ￰0￱ token trades near $0.031 after $1.1m in longs were liquidated in 24 ￰1￱ Pudgy Penguins ecosystem is facing bearish pressure, as both its NFT collection and native token PENGU endure heavy selling ￰2￱ Penguins are down 13.4% in the past week, sparking a wave of forced liquidations on @blur_io. pic. twitter. com/DDgP2fQzI7 — CoinGecko (@coingecko) August 26, 2025 NFT Market Bloodbath The Pudgy Penguins NFT collection has seen its floor price tumble 19.5% over the past week and over 30% in the last month, now trading at 10.29 ￰3￱ this, trading activity spiked dramatically with 24-hour sales soaring to 400% and volume jumping to 338.5%.

According to CoinGecko, the surge in activity was largely driven by forced liquidations on the Blur marketplace, which only fueled the decline ￰4￱ the past 24 hours alone, Pudgy Penguins NFTs shed another 5%, leaving holders in an uncertain ￰5￱ Token Under Pressure The PENGU token is also…

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