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  • 📝 $PENGU hits it big. Will Doodles and Cool Cats tokens follow?

📝 $PENGU hits it big. Will Doodles and Cool Cats tokens follow?

PLUS: The impact of $PENGU on Pudgy Penguins, Doodles & Cool Cats tease tokens and more!

GM. This is Nifty Notes, the weekly newsletter that brings you all the top stories in NFTs, web3 and the metaverse.

Here’s what we’ve got for you today:

  • $PENGU hits $3B market cap 📈

  • Doodles creator teases incoming token 👀

  • Cool Cats tease new token in animated short 🎥

INSIGHTS: goblintown exploded as cryptic posts point to big announcements on the way, Dooplicators rocketed with rumors of a Doodles token swirling, and Cool Cats flew as they teased their own upcoming token. V for Vana fell following the $VANA airdrop, Pudgy Penguins declined after the $PENGU launch, and DeGods fell as their $DEGOD token dropped 27% this week.

Most Read ⬆️

$PENGU hits $3B market cap 📈

Pudgy Penguins launched their $PENGU token this week, which rose over 800% to $0.05 USD on its debut, reaching a market cap of $3 billion USD within the first hour.

The token claim - which is still open - is available to holders of Pudgy Penguins, Lil Pudgys and a huge number of holders in partner communities. On top of that, purchasers of Pudgy Toys are also available to claim tokens for each physical plushie.

As of writing, $PENGU is now valued at $0.026 USD, with a market cap of $1.68 billion USD

Doodles creator teases incoming token 👀

Burnt Toast, the creator of popular NFT collection Doodles, has sparked renewed excitement around the collection with cryptic hints at an upcoming token launch.

On December 19, Burnt Toast took to his personal X account to share the message; “take ownership, keep evolving new ideas, shape communities, open minds, inspire new growth.” Taking the first letter of each word, we get the message “token is coming”.

This tweet led to immediate price movement in Doodles NFTs, with the floor price rising from 4.39 ETH to a high of 8 ETH. As of writing, the floor price now sits at 6.75 ETH – which still represents a 50%+ increase.

Cool Cats tease new token in animated short 🎥

Popular NFT collection Cool Cats has teased the introduction of a new token, after reacting to a community tweet that speculated its future introduction.

In a tweet, @stoopidwiseman pointed out that a recent episode of The Milk Chug – Cool Cats’ Titmouse-produced animated shorts series – features a customer trying to pay for a coffee using a currency with Blue Cat’s face on it, and speculated that these coins could be alpha for a new token.

The official Cool Cats account then retweeted the post, with Cool Cats creator Clon adding fuel to the speculation by commenting with the eyes emoji, leading many in the community to believe that a new token could hit the Cool Cats ecosystem.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and always do your own research.