Pudgy Penguins Price Prediction 2025-2031: Will PENGU Reach $1?
Pudgy Penguins, a collection of 8,888 flightless bird NFTs launched in July 2021, initially sold for $90 each before skyrocketing to over $6,000 per unit. The project faced turbulence in early 2022 as NFT HYPE waned and community discontent grew over management issues.
After a leadership transition to Luca Netz in 2022, the project regained momentum. Current price analysis shows consistent buying pressure at $0.035, with projections suggesting a potential rise to $0.0791 by 2025 and $0.2 by 2030.
The PENGU token's future valuation hinges on continued project development and broader NFT market trends. While the $1 milestone remains speculative, the project's resilience and rebranding efforts demonstrate the volatile yet opportunistic nature of digital collectibles.