ICYMI - Top Weekend Headlines #36

In case you missed it, here are the top news highlights over the weekend.

The summary:

• Pudgy Penguins NFTs reach a 35ETH floor price
• Trump’s WorldLibertyFi project aim to acquire $REKT, alongside other projects like $ONDO
• Abstract prepares for mainnet launch in January 2025
• Hyperliquid’s $HYPE token hits a new all-time high at $24.90
• Opensea Foundation gets registered in the new Cayman Islands

Headlines

Pudgy Penguins NFTs reach a 35ETH floor price

The Pudgies have reignited activity in the ETH NFT market, driven by excitement around the upcoming $PENGU token launch and its connection with the Abstract Chain.

Rare "grail" Pudgies and unique Pudgy Rods are being scooped up, both as status symbols and to secure higher multipliers for the anticipated airdrop:

Trump’s WorldLibertyFi project aim to acquire $REKT, alongside other projects like $ONDO

Trump’s DeFi initiative, WorldLibertyFi, appears to be expanding beyond its roots in DeFi with plans to target the $REKT community and other projects like $ONDO.

Abstract prepares for mainnet launch in January 2025

Abstract Chain, a Layer 2 network tailored for consumer app experiences and closely aligned with Pudgy Penguins, is gearing up for its mainnet debut in January 2025.

Stay tuned for more in our upcoming breakdown articles!

HyperLiquid’s $HYPE token hits a new all-time high at $24.90

Following its record-breaking achievement as the largest crypto airdrop in history, $HYPE continued to surge to new all-time highs.

OpenSea Foundation gets registered in the new Cayman Islands

Rumors are swirling about a potential OpenSea token airdrop, prompting OG NFT traders to speculate on their share based on historical trading volume and other metrics (stay tuned for the release of the Pluid widget to help calculate potential airdrop allocations).

That's all folks - that should catch you up. Now let's start the week off strong!