Pudgy Penguins is one of the most well-known NFT collections worldwide, and the floor price recently surpassed the $100,000 level as optimism builds for the launch of the $PENGU token. The takeover of the company and collection by Luca Netz in 2022 will go down as one of the biggest NFT storylines of all time. Pudgy Penguins is a collection of 8,888 NFTs offering “good vibes” and “positivity for everyone.” The collection was minted on July 22, 2021, at a price of 0.03 Ethereum each. In April 2022, entrepreneur Luca Netz bought Pudgy Penguins assets, the brand, company and more for 750 Ethereum, or around $2.5 million at the time. The floor price jumped from a range of 0.7 ETH to 1.4 ETH to 2.5 ETH and beyond after Netz made the purchase. Optimism quickly spread, and the project appeared resurrected and brought back to life. Since taking over, Netz has pushed Pudgy Penguins further and evolved the brand into Igloo Inc, which includes several other projects. He has also pushed the com...