It has been one week since launch, but the craze is not over yet for the Moonbirds NFT. In fact, the Moonbirds NFT collection is now trading at a floor price of 35 ETH (worth more than $104k) on OpenSea. To date, there has been a total volume of 100k ETH changing hands already.
To be sure, Moonbirds has flipped many top NFT projects like BAYC, MAYC, and Azuki. Well, guess what? At the time of writing, Moonbirds is already the top NFT project on OpenSea.
Moonbirds NFT’s floor price is rising non-stop. Why?
For those unfamiliar, Moonbirds is a collection of 10k pixel art birds on the Ethereum blockchain. The project dropped on 16 April with an initial mint price of 2.5 ETH. At first, some were not impressed with the high mint price. But looking at the 1300% ROI right now, that 2.5 ETH of investment seems worth it after all.
Anyway, the floor price of Moonbirds NFT has been climbing non-stop since its release. Some attributed the project’s success to the solid team members behind Proof Collective, the team that created the Moonbirds NFT. For instance, Kevin Rose, one of the co-founders, is a venture capitalist and serial entrepreneur who has made himself a name in the NFT space.
Plus, according to the Moonbird’s website, these feathered avatars come with a ton of utilities. Holders will get exclusive access to private PROOF Discord, Moonbird-related drops, Parliament meetups, and IRL events. What’s more, holders can earn access to the PROOF metaverse, an upcoming PROOF project called Project Highrise.
Looking at the project utilities and strong team behind Moonbirds NFT, it is no wonder that this project is taking off to new heights every day. Will Moonbirds eventually emerge as the blue-chip NFT project of the year? We’ll have to wait and see.