CoinMeta Data: Abstract announced that it would close on December 15, 2026, which caused the floor price of Pudgy Penguins NFT to rise from around 3.07 Ethereum (ETH) to 3.37 ETH, with trading volume reaching ten times that of normal days, at 237 ETH. However, its token Pudgy Penguins (PENGU) fell to $0.00917, a decrease of about 87% from its historical high. The team behind Abstract stated that limited decentralized finance ecosystems, insufficient liquidity, and limited budgets have led to a stagnation in their growth. The CEO of Igloo Inc, Luca Netz, mentioned that despite investing tens of millions of dollars, they have not yet found the right market fit for their product.