Weekly Market Overview
The NFT and blockchain gaming space saw dynamic shifts this week, with Pudgy Penguins stealing the spotlight. Key highlights include:
- Pudgy Penguins floor price surged 25% weekly, surpassing Bored Ape Yacht Club (BAYC) for the first time.
- SBI Holdings announced an NFT minting service for the World Expo 2025 on the XRP Ledger.
- Notcoin launched the Telegram Gaming Accelerator, partnering with analytics firm Helika to boost crypto-backed games.
Top Trends & Data Snapshot
Pudgy Penguins Dominates NFT Markets
Floor price: Rose 57% from 7.29 ETH (June 19) to 11.45 ETH, driven by:
- Formation of Igloo Inc. (parent company of Pudgy Penguins and OverpassIP).
- Acquisition of Frame, an Ethereum rollup network for NFT trading.
- Market cap: 105,000 ETH, overtaking BAYC (101,000 ETH) on July 3.
- CEO Luca Netz set an ambitious target of 200 ETH per Penguin, fueling investor interest.
👉 Explore trending NFT collections
Gaming Token Performance
- Total market cap: $21.13 billion, down 15.65% weekly.
Notable movers:
- Pixelverse launched PIXFI token on TON.
- Catizen announced a July airdrop as part of its Phase III roadmap.
Key News & Developments
Blockchain Gaming Innovations
Notcoin’s Telegram Gaming Accelerator
- Aims to replicate viral successes like Hamster Kombat and Catizen.
Nexon’s MapleStory N
- Testnet live: Global registration open for the blockchain-integrated MMORPG.
SBI’s Expo 2025 NFTs
- Limited to 500 users, featuring exclusive perks like lucky draws.
👉 Discover emerging GameFi projects
Research & Insights
- GameFi Trends: Play-to-Airdrop and prediction markets blurring Web2/Web3 lines (full report).
- Ethereum ETFs: Potential July launch with staking rewards; projected inflows of $1.4–$4.5B.
- Layer-2 Growth: Post-Dencun upgrade, L2s handle 90% of Ethereum transactions.
FAQ Section
Q: Why did Pudgy Penguins’ value spike?
A: Strategic acquisitions (Frame, Igloo Inc.) and CEO’s bullish 200 ETH target boosted demand.
Q: How can I participate in MapleStory N’s testnet?
A: Complete the survey on Nexon’s official site.
Q: What’s unique about SBI’s Expo 2025 NFTs?
A: Minted on XRP Ledger, they offer collectibles + rewards (e.g., prize draws).
Disclaimer: This report is for informational purposes only. NFTs and crypto assets are highly volatile; invest responsibly.
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