YEREVAN (CoinChapter.com) — The favored non-fungible token (NFT) assortment, Pudgy Penguins, is making information once more. Pixelverse has built-in the Pudgy Penguin character, “Pudgy,” into its mini-game on Telegram. Pudgy joins different crypto characters like Doge from Dogecoin and Mew from the Solana memecoin MEW.
On July 16, Pixelverse introduced this improvement. Gamers can now get pleasure from taking part in as Pudgy within the recreation. The official launch of the Pudgy Penguins recreation is ready for 2025, marking a collaboration between the 2 initiatives.
NFT Gross sales Drop 45% in Q2 2024
The NFT market skilled a decline within the second quarter of 2024. Gross sales volumes dropped by 45% in comparison with the primary quarter, in line with CryptoSlam. The information confirmed a lower from $4.1 billion in Q1 to $2.24 billion in Q2, the bottom quarter for NFTs since Q3 2023.

Anoir Houmou, founder and CEO of the Sui-backed video engagement platform RECRD, described this as a correction cycle. Houmou indicated that the market is maturing after years of fast progress.
Pixelverse’s mini-game, PixelTap, has attracted over 50 million customers inside its first month. This highlights the sport’s reputation and robust neighborhood engagement inside the Web3 gaming area.
Kori Leon, co-founder of Pixelverse, emphasised the significance of neighborhood, tradition, and distribution in Web3 initiatives. He said,
“Over the years, we’ve witnessed the rise of numerous infrastructure projects that started with grand promises but failed to attract users beyond the Web3 community. For the ecosystem to thrive, it is crucial for projects to focus on what makes them successful: community, culture, and distribution.”
Pudgy Penguins’ Million Plushies, Hamster Kombat’s 239M Customers
The Pudgy Penguins NFT assortment stays vital within the Ethereum-based NFT market. Regardless of the broader market downturn, the gathering has maintained sturdy gross sales. In keeping with CryptoSlam, Pudgy Penguins recorded a gross sales quantity of $12 million within the final month.

Luca Schnetzler, CEO of Pudgy Penguins, highlighted their success in merchandise gross sales. He said that they bought a million plushies based mostly on the NFT assortment in shops worldwide. This achievement reveals the gathering’s continued relevance.

The TON-based recreation Hamster Kombat has reached 239 million customers in lower than three months. On July 4, Telegram founder Pavel Durov praised the sport’s success, noting its potential to onboard 200 million customers into blockchain know-how.