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Moonbirds, one of the globally acknowledged non-fungible token collections, has recorded positive growth in recent days. In the past 30 days, the Moonbirds non-fungible token floor price value has skyrocketed from as low as 0.75 ETH to as high as 3.30 ETH. In this article, we shall assess in-depth some of the factors fueling the growth of the Moonbirds non-fungible token collections.
Source: Coingecko.com
Moonbirds Surges +1,300% In The Past 30 Days
Data compiled by cryptoslam.io, one of the leading cryptocurrency market data aggregators and non-fungible token explorers tracking non-fungible tokens from over 20 blockchain networks, shows that Moonbirds’ non-fungible collections have experienced significant growth in terms of trading sales volume and floor price value. In the past 30 days, the Moonbirds NFT collection has raised a trading sales volume of $17 million. During this period, the Moonbirds NFT sales volume has surged by +1,300% from the past month.
Launched on April 16, 2021, Moonbirds is a non-fungible token collection previously from the digital asset incubation studio Proof Collective, featuring a limited edition of 10,000 pixilated owl-themed NFT avatars hosted exclusively on the Ethereum blockchain network. Moonbirds NFT collection was created by Kelvi Rose, a digital artist, tech entrepreneur, and venture capitalist.
Each Moonbird NFT is a unique digital image of an owl, with variations in characteristics like background, beak, body, eyes, eyewear, feathers, and headwear. Moonbirds NFT collection gives holders access to the PROOF Collective’s private Discord server, potential access to in-person events, physical items, airdrops, and “full commercial art rights” for their Moonbirds NFTs. Moonbirds have a unique staking mechanism that’s called ‘nesting’. By nesting a Moonbird, the NFT holder gains increasing perks and rewards.
Factors Fueling Moonbirds NFT Growth
Moonbirds NFT sales are rising due to a combination of factors, including a recent acquisition by Orange Cap Games, a renowned design studio that develops and publishes physical and digital trading card games The Orange Cap Games is now the new IP manager for the Moonbirds NFTs following their acquisition of the Moonbirds NFT project from the Bored Ape NFT creator Yuga Labs earlier this year.
Other factors fueling the Moonbirds’ growth include its recent focus on community engagement through private on-chain spaces and a broader recovery trend in the non-fungible token market. Earlier this week, the Moonbirds partnered with Kaito AI to reward NFT holders for creating and sharing Moonbirds NFT-related content, particularly on social media platforms like X. This integration gave holders a chance to earn Yap points, which will offer them future benefits like airdrops or exclusive privileges within the Kaito NFT ecosystem.
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