Pudgy Penguins, a prominent player in the NFT space, has reportedly surpassed the Bored Ape Yacht Club (BAYC) in market capitalization once again, raising questions about its ability to maintain second place in the market. In conjunction with this, a contest offering $250 in Ethereum has been announced, inviting participants to create artwork featuring Pudgy Penguins holding a specific company logo. This initiative highlights the ongoing engagement and creativity within the NFT community. Additionally, various logo design contests are being promoted, emphasizing the collaborative and artistic spirit prevalent among NFT enthusiasts.