Will Pudgy Penguins floor price reach 10 ETH before 2027?

This market shows extreme illiquidity with zero 24-hour volume despite $120.6k open interest, and a wide 19¢ spread suggests difficulty finding counterparties at either extreme. The Yes position offers an extraordinary 422.9% implied yield, but this likely reflects the low probability (25%) rather than genuine opportunity, as the Pudgy Penguins collection would need to appreciate roughly 4-5x from current levels to hit 10 ETH. The sharp 7-point price decline over seven days (32¢ to 25¢) combined with neutral regime conditions and moderate cliff risk (3/10) suggests recent bearish sentiment, though with 259 days to expiry, the timeframe remains substantial for NFT market recovery.

Resolution rules

This market will immediately resolve to “Yes” if the Pudgy Penguins floor price reaches 10 ETH or higher at any point between December 31, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, it will resolve to “No.” The resolution source for this market will be NftPriceFloor, specifically the "PudgyPenguins price chart" available at https://nftpricefloor.com/pudgy-penguins, with "1M" selected on the top bar. The price will be determined based on the value shown when hovering over the chart Only data from NFTPriceFloor will be used to resolve this market. Prices from other data providers or NFT marketplaces will not be considered.

Indicators

Regime

Trade