Pudgy Penguins will expand its brand presence in Asia in cooperation with LINE FRIENDS and integrate Minini characters into NFT Ecosystem. Pudgy Penguins starts a layer 2 network and summaries, but is struggling to get traction despite providing incentives that attract new users.
NFT Project PuDgy Penguins, known for its cute penguin characters, has recently revealed a partnership with LINE FRIENDS, one of the largest IPs in Korea and Asia. This cooperation creates a great opportunity to reach the entire Asian community to integrate Minini characters from a friend of the line into Pudgy Penguins Ecosystem.
PUDGY PENGUINS is a global brand. In particular, we take toys to the 2,000 Walmart Store in the United States, form a line friend and a team, and jump into Asia, where fans cannot get enough characters that can be collected and collected. 。
PUDGY PENGUINS X @_linefriends
I am looking forward to being able to partner with LINE FRIENDS ‘Miniini, one of the largest IPS in Korea and Asia.
Details of this collaboration that come soon. pic.twitter.com/q81cq5pzsz
-Pudgy Penguins (@pudgypenguins) February 1, 2025
Launch of summary: Layer 2 network seeking momentum
In January 2025, Pudgy Penguins made another big move by launching the layer 2 network “Abstract”. They are looking beyond NFT, aiming to leave a mark on the blockchain.
Abistracts are not much attention from the community, even if there are several new users. Large companies such as Arbitrum and optimism have already managed the market, so the Layer-2 industry is very competitive. I feel that it is quite difficult to guarantee that their network has a large traction.
Imagine this partnership has attracted the attention of the Asian Web3 community. Pudgy Penguins may promote the adoption of NFT and help enhance layer-2 networks.
PUDGY PENGUINS NFT: Position in the Ethereum market
Pudgy Penguins NFT worked well at this growth stage. According to Coingecko, the floor price has increased by 7.5 % in the past 24 hours to 11.92 ETH (about $ 39,142). Pudgy Penguins is a market capitalization of over $ 347.89 million, and is the fourth list of Ethereum Network’s largest NFT collection.
The market capitalization is about $ 416.79 million, and the boring APE YACHT CLUB (Bayc) NFT collection is still the third. The sloppy penguin must compete closely with the more established NFT Initiative, even if there is a certain increase.
