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Abstract's Shutdown Lifts the Pudgy Penguins NFT Floor but Weighs on Its Token

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Abstract's Shutdown Lifts the Pudgy Penguins NFT Floor but Weighs on Its Token

Abstract, a blockchain built for consumer crypto apps, is shutting down after almost three years. It joins hundreds of crypto projects that have already closed in 2026. The news has turned attention back to Pudgy Penguins. The non-fungible token (NFT) floor price climbed, while its token, Pudgy Penguins (PENGU), moved the other way. Tens of The post Abstract's Shutdown Lifts the Pudgy Penguins NFT Floor but Weighs on Its Token appeared first on BeInCrypto.

Key Takeaways

  1. Abstract, a blockchain built for consumer crypto apps, is shutting down after almost three years.
  2. It joins hundreds of crypto projects that have already closed in 2026.
  3. The news has turned attention back to Pudgy Penguins.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.