It might sound crazy, but I genuinely believe the Pudgy Penguins floor price could hit $1M within the next 12 months.

We've seen it before: the moment attention hits, this space doesn’t scale linearly. It goes vertical.

Bored Apes reached a floor of 153.7 ETH at the peak of the last NFT season in 2022 - back then, that was around $420k.

And they did it without any real product or substance - just crypto-native hype, a few celebrity endorsements, and some in-person events.

All within one year of minting.

Now put that in perspective compared to Pudgy Penguins:

- @LucaNetz is undeniably one of the most talented marketers and community leaders this space has ever seen

- Years of consistent hard work have gone into building a global D2C toy brand, licensing deals, a full app ecosystem, and strong IP storytelling

- Unmatched real-world distribution across thousands of stores like Walmart, Amazon, Smyths and more

- Viral every day across non-crypto audiences - billions of GIF views, millions of followers on Instagram and TikTok etc

- While most NFT projects are still focused solely on pfp hype and crypto-native narratives, Pudgy is building a mainstream, inclusive brand that bridges Web2 and Web3

- Instead of pretending fake buys by celebrities, Penguins are actually endorsed by the most influential people of this industry, as well as even starting to get institutional traction

- And don’t overlook the timing of the $PENGU launch: released with room to grow, not at the peak. With 500k+ holders already, it’s now one of the most distributed assets in the entire space which will create a strong synergistic flywheel via skin in the game.

Now combine that with a few of my assumptions:

- $ETH hits $10k–15k within the next 12 months

- NFT season comes back in full swing near the top of this cycle

- The broader Abstract ecosystem + $ABS token launch will add even more fuel to the fire

So with all that in mind, give me one reason why Pudgy Penguins wouldn’t at least surpass the previous BAYC all-time high in the next 6–12 months?

You can’t.