The floor price of the Moonbirds non-fungible token collection climbed to about 3.9 ETH on 16 August, lifting the project to No. 8 in CoinGecko’s NFT market-cap rankings and pushing it past rival collections Lil Pudgys and Mutant Ape Yacht Club. The advance follows a burst of trading momentum that has rekindled interest in the once-maligned Ethereum profile-picture series. Moonbirds’ rebound began after gaming and intellectual-property studio Orange Cap Games bought the project in May. Chief executive Spencer Gordon-Sand told Decrypt that the collection’s floor price was just 0.29 ETH at the time of the acquisition, underscoring a more than ten-fold increase since the takeover. Observers credit the revival to renewed community engagement and Orange Cap’s decision to reposition the brand while avoiding hard public promises on future product releases. Speculation on further gains is intensifying. On the prediction platform MyriadMarkets, traders have pushed the probability of Moonbirds’ floor exceeding 4 ETH by 20 August sharply higher, mirroring renewed appetite across blue-chip NFTs after a prolonged slump.
TOP 5 MEMECOIN LAUNCHPAD MARKET SHARE: PUMPFUN — 74.1% LETsBONKFUN — 16.7% BAGS— 3.52% BELIEVE — 1.86% JUP STUDIO— 1.16% Source: JupPro https://t.co/SJearyYiNc https://t.co/hNz35thZF1
Will @pudgypenguins floor price be above 15 ETH at the end of August?
This for NFT’s has been the spot where so many had a sick run, and some got whole, at least in USD terms with the insane ETH runup, so a lot of selling happened across the board. Some flippers got inevitably washed. We had the inevitable pullback. Now we see the first shoots of