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Non-fungible tokens (NFTs) see increased interest as the cryptocurrency market showcases bullishness. Pudgy Penguins stole the show over the past day as it jumped nearly 10% to become the 2nd-largest NFT collection.

The $454 million market cap saw Pudgy Penguins outshining the renowned Bored Ape Yacht Club and Mutant Ape Yacht Club to stand behind CryptoPunks.

Pudgy Penguins saw remarkable upswings over the past day, propelling its floor price to 14.35 ETH (approximately $51,000). Its market capitalization is 127,542 Ether ($451,668,782), securing the second spot in the NFT rank by value.

The top NFT, CryptoPunk, has its current floor price at 45.99 ETH (about $162,866), displaying stability over the past week. Its market cap stands steady at approximately $1,627,428,683 (459,624 ETH).

Meanwhile, BAYC’s floor price saw a 2% dip over the past day to $43,666 (12.33 ETH). Its market capitalization hovered at $436,572,409 (123,275 ETH).

Mutant Ape Yacht Club has a floor price of $7,524.44 (2.11 ETH), reflecting a mere 0.3% 24-hour decline. MAYC’s market cap stands at $146,651,148 (41,182 ETH).

Chinese reporter Wu Blockchain highlighted another notable performance from the Bitcoin-based collection Runestone. The collection gained around 15% within the past day, surpassing NodeMonkes, which lost over 6%.

The non-fungible tokens sector sees renewed interest as the crypto market rides bullish waves. Interested individuals can even purchase the controversial footage of the rap mogul P Diddy as an NFT amid the ongoing legal woes.

The post Pudgy Penguins surpasses BAYC to become the second-largest NFT collection appeared first on Invezz

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