According to Jack Booth (@jbfxdotme), Pudgy Penguins holders have already sent 168 gifts within a single day, indicating heightened activity in the NFT community. This surge in gifting transactions could boost trading volume and drive short-term floor price volatility on leading NFT marketplaces, making Pudgy Penguins a key watch for crypto and Web3 traders (source: Jack Booth via Twitter, May 19, 2025).

According to Jack Booth (@jbfxdotme), Snoop Dogg has officially joined Telegram and received notable digital gifts, highlighting increased celebrity activity on the platform. This move is significant for crypto traders, as Telegram is a popular hub for crypto token launches and NFT distribution. Snoop Dogg’s involvement may drive higher engagement and liquidity in Telegram-based meme tokens and NFT projects, as celebrity endorsements typically boost trading volumes and attract retail investors (source: Jack Booth on Twitter, May 17, 2025).