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VanEck, a large asset manager and ETF provider, has adopted a Pudgy Penguins profile picture (PFP) on social media. This move highlights a shift in the NFT landscape, where major financial entities are now engaging with Ethereum-based NFTs. In 2021, celebrities popularized the use of apes as their PFPs, and now in 2024, significant financial firms are following suit with Pudgy Penguins. This trend suggests a potential for another NFT rally, albeit different from the previous one, with fewer participants. The adoption of these NFTs comes ahead of the anticipated ETH ETF. Additionally, the Pudgy Penguins intern is actively promoting the PFP initiative.
About to submit some pudgy gif ideas👀 Who’s @pudgypenguins do you want us to use for #pudgysummer
In 2021 we had celebs rocking apes as their pfps In 2024 we have large asset managers and etf slingers rocking pudgies as their PFPs ETH NFTs have not priced in the ETH ETF There will be another nft rally, but will look a lot different than the last one, far fewer will… https://t.co/r0SvyZg6TP
NEW: @vaneck_us IS REPPING A @pudgypenguins PFP https://t.co/Dmfv0NYafK
