Moonbirds NFTs Debut at Top Spot, Close To $300 Million in Sales

Moonbirds NFT

Moonbirds NFT collection has taken the world by storm, even as general NFT sales cool off.

The Ethereum-based project debuted at the top spot in trade volumes, generating close to $300 million in sales in 4 days.

Moonbirds is a collection of 10,000 computer generated pixelated owls. They were launched on Saturday and completely sold out the same day. Their mint price was 2.5 ETH ($7760), but at the time of this writing, their floor price is 19.9 ETH ($61,800).

The project has thus far generated close to $300 million in secondary sales, making it the top ranked NFT collection on OpenSea, not just for the last 7 days, but for the last 30 days.

The total volumes done by the collection in the first 7 hours exceeded those done by next 7 most popular collection in the last 7 days combined.

One of the NFTs in the collection, “Moonbirds” #7963, also became one of the most expensive NFTs of all time, fetching 135 ETH ($420,000). That puts it as number 9 most expensive NFT sales of the week.

Moonbirds is a project from PROOF Collective, an NFT community founded by Kevin Rose and Ryan Carson.

‘PROOF Collective’ is a private NFT club, made up of the 1,000 holders of the ‘PROOF Collective’ NFTs. An NFT to guarantee you membership to the club currently has a floor price of 82.98 ETH.

Holders receive perks like drops, IRL meetups, a Discord channel, etc.

Moonbirds is PROOF Collective’s first project, and the endgame is to develop their own metaverse, currently going with the working title “Project Highrise”.

Moonbirds NFT holders are advised to hold on to them for added future utility.

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