Pudgy Penguins Overtakes Bored Apes

• 🐧 Pudgy Penguins Overtake Bored Ape as Second-Largest NFT Collection

• 🌐 Adidas Debuts NFT Avatars to Enhance Virtual Environments

• 🚀 MetaWin's 10K Utility-Driven NFTs Sells Out Almost Instantly

• Magic Eden Faces Backlash Over $ME Token Airdrop (NFT Plazas)

• Fashion Label 9dcc’s ‘Black Box’ Offers Mystery Apparel—And a CryptoPunk Prize (Decrypt)

• NFT Sales Surge in December, Magic Eden’s Troubled Token Launch: Nifty Newsletter (Cointelegraph)

• Moonfrost To Enter Alpha Release 5 On Epic Games Store (NFT Insider)

• Leap of Faith: Auction to Benefit Children's Cancer Research Attracts Major Crypto Artists (Decrypt)

• Battle Royale Game ‘OverTrip’ Launches on Epic Games Store (NFT Plazas)

• Pudgy Penguins Hit All-Time High Price as NFTs Rebound With Bitcoin Above $100K (Decrypt)

• GOAT Gaming Unveil ‘AlphaGOATs’ For Automated Web3 Gaming (NFT Insider)

• Ubisoft, Arbitrum to Launch ‘Captain Laserhawk’ Web3 Shooter Dec. 18 (Cointelegraph)

• Bitcoin Hits $100k as Crypto Markets Soar, NFTs Continue to Rise (NFT Plazas)

Trending Collections on OpenSea:

•  Courtyard.io [Floor Price - 6.50 $USDC]

• Chonks [Floor Price - <0.01 $ETH]

• MetaWinners [Floor Price - 0.03 $ETH]

Pudgy Penguins Overtake Bored Ape as Second-Largest NFT Collection

Pudgy Penguins has surpassed the Bored Ape Yacht Club, becoming the second-largest NFT collection by market cap (currently $915M+).

• The introduction of $PENGU (Pudgy Penguins’ native token) has generated significant market excitement.

• Lil Pudgys (another related NFT collection that’s witnessed a 43% increase over 24 hours) and a recent partnership with Animoca Brands also complemented the spike.

• Pudgy Penguins demonstrates a compelling blend of community engagement and innovative utility models, setting new benchmarks for the NFT industry.

• Recent market data indicates a general resurgence in the NFT sector, with significant increases in other top collections like CryptoPunks (which is up 49.1% over the past 30 days).

Adidas Debuts NFT Avatars to Enhance Virtual Environments

Adidas has finally launched ‘ALTS by Adidas,’ an avatar-focused NFT collection featuring 20,066 digital avatars, nearly three years after their initial NFT release.

• The 80 ALTS digital avatars are based on eight themes (including sports, music, and gaming) and have over 250 traits.

• NFT owners can manage the digital avatars, and therefore their virtual identities, on platforms like Magic Eden.

• They’ve received contrasting opinions. Some admire the technical and artistic details of the these digital assets, while others question their originality.

• Adidas plans to further the avatars’ utility in additional virtual environments and blockchain-based games by 2025.

MetaWin's 10K Utility-Driven NFTs Sells Out Almost Instantly

MetaWin's ‘MetaWinners’ NFT collection, featuring 10K digital assets designed by Terraform Labs, sold out within hours post-launch on Fair.xyz.

• MetaWinners’ NFT holders gain exclusive benefits within the MetaWin Web3 gaming ecosystem, including unique prize draws, community access, and potential airdrops and token allocations.

• Driven by a pre-sale whitelist of 45K and competitive pricing (0.03 to 0.04 ETH per NFT), the collection quickly exceeded expectations, demonstrating strong community interest and engagement.

• Its sell-out success highlights its market potential, positioning it as a leading example of how utility and community can drive NFT projects forward.

Today's edition was written by Leah Alger

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