The Floor Price of Moonbirds NFT Collection Continues to Dive

In less than 2 weeks after the launch of Moonbirds and the trade, volume exceeded 120K Ethereum ($350 M), as shown on Opensea. NFT space is getting crazier, and projects like Moonbirds are setting the bar too high, yet they are an encouragement for a thousand more to follow. Moonbirds have shattered all the trading volume records, and the trajectory they are making with their appreciation of value will be a challenge for anyone to surpass. Moonbirds is a project launched by Proof Collective private group. 

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Moonbirds NFTs

As they say, a community is as strong as its members. The Moonbirds project was backed entirely by the people who were the founders of Proof Collective. This community of 1000 people includes very popular NFT influencers like Beeple, whose multiple NFTs are worth millions of dollars, and “5000 days” was sold for $69 million. He is seen propagating Moonbirds on Twitter. The second big name in the private community is Gary Vee, creator of the VeeFriends NFT collection. 

One pass to Proof Collective is not cheaper, as the cheapest was sold on December 1, 2021, for 1 Ethereum ($3,100). However, as the community got stronger, the floor price of Proof Collective spiked to 75 Ethereum. The success of Proof Collective played a significant role in the success of Moonbirds as the project landed right in the community that understands the value of the NFTs more than any of us.

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Moonbirds is the fastest PFP NFT collection to reach bluechip status in terms of floor price – a record-breaking sales volume and price appreciation. Being Official proof of PFP, Moonbirds trading volume has exceeded over $350 million in less than 20 days. However, due to the bearish market, the floor price has declined all the way down to 15 Ethereum.

Moonbirds Trading Activity

Moonbirds collection is available for secondary sale on the NFT marketplace Opensea.io. You will require an Ethereum-based wallet to pay the price of NFT and gas fees. These NFTs range from a floor price of 21 Ethereum to 350 Ethereum. You can either send a counteroffer to NFTs on sale or buy directly at the asking price.

Moonbird #2642 is the rarest and the most expensive NFT of the Moonbirds collection. This NFT was sold for 350 Ethereum ($1.05 million) on Opensea. The former owner of this NFT was a blockchain-based gaming firm from Hong Kong. The NFT seller made a profit of 600,000 in just 7 days by flipping Moonbird NFT.

Moonbirds is a prime example of a successful NFT project from a very powerful community. The project is a subsequent project of Proof Collective that is now surpassing its parent project by trading volume. We have seen this in the case of Bored Ape Yacht Club dropping Bored Ape Kennel Club as a child NFT collection. However, it was overshadowed by the BABYC.

Conclusion

Moonbirds NFTs are a living precedent that shows that if a project is powered by a real and doxed team that people can trust, it is destined to succeed. Moonbirds are headed to the moon, and it won’t stop anytime soon – let’s see if they can maintain the dwindling floor price.

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sources: coingecko, opensea

author: mnmansha

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.