Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & beyond
Dear Bankless Nation,
While the past two years have been brutal for many PFP projects, the Pudgy Penguins collection has continued to shine throughout the bear.
This week, the Penguins reached new all-time highs in both USD and ETH terms. Currently, the floor price on OpenSea is 7.77 ETH.
There’s no mania right now, just apparent consolidation around what people see as one of the strongest projects in NFTs, so we’ll have to wait and see if this impressive breakout is followed by other rallies around the space.
For now, thanks as always for reading everyone. Here’s your latest weekly NFT roundup! ✌️
-WMP
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William M. Peaster is the creator of Metaversal — a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He also serves as a senior writer for the main Bankless newsletter.
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.
