The current state of the NFT market is a bear market. He views it as a complete change in focus, not a complete implosion. The NFT market experienced tremendous growth in 2021. Yet, in recent data, we are seeing a drastic drop off. Trading volumes have plummeted and countless projects...
The NFT market went through its own wild ride after exploding in 2021. Now headlines are screaming at signs of a market crash, trading volumes having dropped off a cliff and platforms like Coinbase and Shopify having significantly reduced their NFT catalogues. Or is this just a total collapse. Or...
The world of Non-Fungible Tokens (NFTs) promises digital ownership, but a recent incident involving Nike's RTFKT brand has exposed a critical vulnerability. Several Ethereum NFT collections from RTFKT unfortunately lost their artwork. This initial incident raised major alarms over what true ownership looks like when it comes to digital assets....
From the collector’s perspective, there’s great anxiety. Now, the files associated with over 41,000 NFTs from CloneX and Animus collections have disappeared. This event underscores doubts on the permanence and durability of NFT storage solutions. The durability of NFTs as a whole, especially projects containing complex artworks. The sudden disappearance...
We know how overwhelming and confusing the world of NFTs can be, particularly for those just getting started. We get it—words and phrases like “gas fees,” “smart contracts,” and “blockchain” can be scary. What if it could be that easy, as easy as sending someone an email to transfer an...
Mint Blockchain and Noves recently partnered in a joint effort to streamline the transfer of Non-Fungible Tokens (NFTs). This collaboration seeks to demystify the NFT transactional process, making it seamless and fun. Such changes would improve user experience and digital assets’ accessibility. This partnership is just the beginning of our...
The crypto industry has never had a more exciting and dynamic atmosphere. At the center of this frenzy is PENGU, a meme coin linked to the trending Pudgy Penguins NFT collection. Jason, FearlessToken.com's keen observer of the digital landscape, breaks down the factors fueling PENGU's recent price surge, examines its...
The crypto market is well-known for its volatility and the opportunity for huge returns. Currently, the spotlight is on PENGU, a new cryptocurrency tied to the booming Pudgy Penguins NFT ecosystem. In this article, we go over what’s causing PENGU’s price explosion recently. It further ranks itself on investment potential...
Pudgy Penguins saw a whopping price increase of 176%, hitting a peak of $0.010 with an overall increase in global NFT sales. Since hitting a low around $0.0048, the token’s shown an impressive recovery of more than 167%. This increase is indicative of growing investor interest and considerable development activity...
Pudgy Penguins has transcended its origins to emerge as a dominant cultural force, boasting a highly engaged community and extensive reach. The NFT project has become the face of crypto, amassing millions of followers and billions of views across various platforms. Pudgy Penguins has a straightforward mission—to expand and unite...