The Non-Fungible Tokens (NFT) Project Newly launched on Ethereum, “Moonbirds” is soaring to the top of the trading volume charts after generating $290 million worth of sales in just four days.
There are a total of 10,000 NFTs of computer-generated pixel owl avatars, which sold quickly on Saturday at a minimum price of 2.5 Ethers (ETH) per NFT, or $7,700 at the time of writing. The minimum price, or the minimum average sale, has since soared in the secondary markets.; OpenSea is currently showing a hefty sum of 18.45 ETH, or $56,800 at the time of writing.
BLOOD MOON RISING #moonbirds pic.twitter.com/Jm6bqBVuVF
— beeple (@beeple) April 16, 2022
The blood moon rises #moonbirds pic.twitter.com/Jm6bqBVuVF
According to data from CryptoSlam, the project has generated more than $289.9 million in secondary sales.; the figure also includes mint sales. The figure places the project as the best-selling NFT collection in the seven and 30-day metrics and the second in the last 24 hours.
If you look at the 30-day chart, the difference in volume is noticeable, as “Moonbirds” NFT sales figures are 52% higher than second placed “Azuki”with a volume of USD 189.3 million, and 76% to those of Bored Ape Yacht Club (BAYC), with USD 164.6 million.
DappRadar also highlighted that the NFT “Moonbirds” #7963 reached the 9th highest sale of all NFT collections over the past week, at 135 ETH, or $410,000 at the time of writing this article.
The project “Moonbirds” is following a similar route to BAYC by launching utility-focused NFTs that give holders access to a private ecosystem and member club.
According to the project roadmap, hodlers benefits will include priority access to future releases, a members club, merchandise, and early access to an upcoming metaverse platform called “Project Highrise”.
The “Moonbirds” NFT collection was founded by the PROOF Collective, which is working on various NFT projects and also acts as an exclusive social club for the 1,000 “PROOF Collective” NFT holders.. Collectible Membership Passes start at a minimum price of 91 ETH, or $278,800 at the time of writing.
1/25
So why did I invest 120 $ETH into @moonbirds_xyz which is now valued at roughly 300 $ETH based on last sales?
Why was this such an easy play for me and why am I not selling yet?
Let’s dive into Moonbirds and @proof_xyz pic.twitter.com/3zuS6IgCrn
— MoonCat2878 (@mooncat2878) April 18, 2022
1/25. So why did I invest 120 ETH in @moonbirds_xyz, which is now valued at around 300 ETH based on recent sales? Why was the game so easy for me and why am I not selling yet? Let’s get into Moonbirds and @proof_xyz pic.twitter.com/3zuS6IgCrn
“Moonbirds impressive launch” seems to be the Outcome of strong investor support for the founding members of the PROOF Collectivewhich includes tech entrepreneur and Digg founder Kevin Rose along with Web3 investors Justin Mezzell and Ryan Carson.
An NFT collector who calls himself “Cryptolocity” on Twitter highlighted Rose yesterday, noting that he backed the project because of his strong reputation, his connections in the Web2 and Web3 world, along with his NFT-focused podcast, which has “contained some of the ‘ alfa’ that have most changed the lives” of their listeners.
2/ First, the major reason why this project has seen such success is the people behind it all: Kevin Rose @kevinrose and his team Ryan Carson @ryancarson Justin Mezzell @JustinMezzell are very well known figure in the Web 2 and Web 3 world and are the ones spearheading it all
— Cryptolocity (@Cryptolocity) April 17, 2022
2/ First of all, the main reason why this project has been so successful is the people behind it all: Kevin Rose @kevinrose and his team Ryan Carson @ryancarson Justin Mezzell @JustinMezzell are a well-known figure in the world of Web 2 and Web 3 and they are the ones who lead all this
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