The Moonbirds non-fungible token collection has vaulted into the upper ranks of the digital collectibles market, with its floor price climbing to 2.62 ether after a 25% gain in the past 24 hours and a 305% surge over the last month. The rally pushed Moonbirds’ market capitalization to roughly $123 million, allowing it to leapfrog rival collections Azuki and Milady Maker and enter the industry’s top 10 by value. The advance follows anticipation that Moonbirds will appear on Kaito’s pre-token-generation listing, reviving speculation that the project plans to issue a native token. Similar listings for other marquee collections have preceded token launches that delivered significant returns to holders, adding to the buying momentum. Separately, blockchain infrastructure company BTCS Inc., which trades on Nasdaq and already holds more than $300 million in ether, purchased three Pudgy Penguins NFTs for its corporate treasury. The transaction underscores renewed institutional interest in so-called blue-chip NFTs as established players seek to diversify their digital-asset holdings alongside the latest market rebound.
Interestingly enough, this account just made its first transaction in nearly a year and started flooring some of their moonbirds https://t.co/HfaY5AHNgd https://t.co/PD0jRsKETp
Sold my @moonbirds for 50 @Nakamigos - CLOAKS back in Dec 2023. A year and a half later, both projects are moving back up. But did I make the right move? 🤔 https://t.co/GUTs3RDAGm
Sold my @moonbirds for 15 @Nakamigos back in Dec 2023. A year and a half later, both projects are moving back up. But did I make the right move? 🤔 https://t.co/zJ8QZhihEH