On July 14, data from Blur Market revealed a significant uptick in the floor prices of prominent Non-Fungible Token (NFT) collections. The Fat Penguin project, Pudgy Penguins, experienced a robust rebound, with its floor price climbing to 14 ETH, marking a notable 24-hour surge of 23.49% and a substantial 7-day growth of 47.37%. Similarly, the LilPudgys collection demonstrated strong market momentum, with its floor price rising to 1.615 ETH, reflecting a 24-hour increase of 23% and a 7-day appreciation of 39.60%. These metrics underscore renewed investor interest and liquidity in these NFT assets, highlighting their growing prominence within the digital collectibles market. Market participants should monitor these trends closely as they may signal evolving valuation dynamics in the NFT sector.
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