Pudgy Penguins gets support as billionaire buys 117 NFTs

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Adam Weitsman said he bought 117 Pudgy Penguins NFTs to support the community. One item also says the collection was recording a 125% rise in weekly sales when he described that purchase.

Key claims & sources

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Adam Weitsman said he bought 117 Pudgy Penguins NFTs to support the community.
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The collection was recording a 125% rise in weekly sales.
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The purchase was framed as support for the collection during a rough patch.

Market reaction i

Pudgy PenguinsPENGU the event is about this asset

Pudgy Penguins fell 2.1% in the 4 hours after the first headline, after rising 1.8% in the 2 hours before.

$0.0083093 price at the headline
+1.8% 2 h before
-2.1% 4 h after
-5.0% 12 h after
First headline

47 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 12 04:53
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Oct 12 04:53
Crypto Briefing context
Its angle: confidence, perception, investment