Pudgy Penguins, from the token, fell on Friday, despite the novel project ranking among the best Apple downloads.
The peng token (Peng) fell by almost 4% on Friday, after starting Pudgy Party, Battle Royale games released on Android and iOS, regardless of the fact that the game records over 50,000 downloads in the Google Play store and landing in the 10 most frequently downloaded games in the Apple App.
Pudgy Penguins is a popular tokena (NFT) project in cryptographic space. The project complements its digital presence on trade cards, penguin’s plush toys, video games and other physical goods.
According to Coinmarketcap, the token has fallen by more than 20% in the last 30 days.
The revival of the price appears at a broader moment of deterioration of the economic situation on the NFT market, in which other NFT Blue CHIP NFT projects, such as Nured Apen Yacht Club (Bayc) and doodles, two -digit losses in August.
Despite the fluctuations in prices, penguins are still a cultural phenomenon in the cryptocurrency community and present the mass attractiveness of users who are not Cyrtoce through the concentration of the project on physical products, attracting both adults and children to the franchise.
Related: The NFT market capital will fall by USD 1.2 billion when the ether rally loses the pair
NFT markets suffer when Ethereum regains the last profits
The Ethereum network is the host of the most common commercial activity of the NFT of every blockchain ecosystem, and after a recent decrease in Ether (ETH) from the highest level of about USD 4,957 USD, the NFT market took the hit.
Crypttopanek, a collection of pixel characters from NFT Blue-Chip NFT often used as profile photos (PFPS) by the management and investors of Crypto, showed greater immunity, rising by almost 3% in August, in accordance with NFTPricefloor.
Meanwhile, Bayc registered losses by more than 11% in August, and the Pangsters recorded fell by more than 20% in the categories of American dollar.
The NFT market capital reached $ 9.3 billion at the beginning of August during the Historical Ethereum Rally in novel ups of all time. However, the NFT market capital dropped to just $ 7.4 billion at the time of this writing and continues to correlate with ETH prices.
Warehouse: Mile stone worth USD 69 million, push penguins go to Lol Land: Web3 Gamer
