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“Igloo was formed to create an end-to-end ecosystem for new people to come into crypto, non-dilutively,” the company stated on X.
Igloo Inc. also hinted at forthcoming projects aimed at expanding its ecosystem. “Over the coming months, we will complete this loop as we make another push towards realizing our vision of creating an end-to-end user experience to push crypto to the masses,” the company added.
The market has responded positively to the news with Pudgy Penguins trading at over $1 million in the past 24 hours. The floor price currently at approximately 8.57 ETH (around $28,407) with a market capitalization of about $252 million, according to CoinGecko.
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