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The Fate of High-Profile NFTs Such as CryptoPunks, Bored Apes, and Pudgy Penguins

Non-Fungible Tokens, or NFTs, are digital assets unique and cannot be replaced. They are often used to represent artwork and virtual avatars. Let's examine a market that has sorted the genuine from the imitation, providing insights into the continued existence of these tokens.

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2025 September 19 . 10:52 PM

2 min read

The Fate of Notable NFT Collections, Including CryptoPunks, Bored Apes, and Pudgy Penguins

The Fate of High-Profile NFTs Such as CryptoPunks, Bored Apes, and Pudgy Penguins

In the ever-evolving world of Non-Fungible Tokens (NFTs), a select few collections have managed to establish themselves as stores of value in the market. Among these standouts are the CryptoPunks and Pudgy Penguins.

One such example of a thriving NFT empire is The Remilia Collective, a Japanese NFT and art collective that has found success with its Milady Maker series and other similar creations. The key to their success seems to be a harmonious blend of successful style, a cohesive environment, an active and vibrant community, and, of course, a dash of luck.

The Igloo Company, the issuer of Pudgy Penguins and Lil Pudgys, also made waves in the NFT market. The company's ambitious plans included turning the NFTs into the foundation of a penguin metaverse, offering owners airdrops and various bonuses. Their greatest achievement, however, came when retail giant Walmart started selling the penguins as toys.

Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), have also made their mark in the NFT market. They strategically acquired other collections like CryptoPunks, Autoglyphs, and Meebits at opportune times. Yuga Labs is now planning to develop the metaverse Otherside, where their NFTs will come to life.

Meanwhile, collections like Chromie Squiggles and Fidenza have found success as mere artworks. They have not integrated any further functionalities, choosing instead to focus on their aesthetic value.

Art Blocks, a platform that curates artistically demanding collections of algorithmically generated art, represents another success story in the NFT market. The most stable collections in the market typically include well-established projects like CryptoPunks, BAYC, and Art Blocks, which boast strong community backing, historical significance, and high liquidity. Emerging collections that focus on unique art styles, utility, or brand collaborations are also on the rise, although they carry more volatility due to their lesser market maturity.

These collections have paved the way for digital art, fostered exclusive online communities, and innovated with programmable or generative art features, making the NFT market a dynamic and exciting space to watch.