Literally four days after the official launch of the Moonbirds NFT collection, the project was sold for $290 million, making it the top seller among other NFT projects. 10,000 computer-generated pixel owls sold out on April 16 for a floor price of 2.5 ETH ($7,700 at the time of writing), after which the price in the secondary markets skyrocketed. Currently, the minimum price of the token is 18.45 ETH (approximately $56,000).
According to CryptoSlam, the collection’s secondary sales totaled $289.9 million, which also includes a floor sale. This indicator indicates that the project became the best-selling among other NFT collections in seven days and 30 days, and also the second in the last 24 hours.
The 30-day charts show a significant gap in sales, with NFT Moonbirds 52% ahead of second-place Azuki at $189.3M and 76% ahead of BAYC at $164.6M .
According to DappRadar, NFT Moonbirds #7963 was the ninth best-selling NFT of all NFT collections over the past week. It is currently valued at 135 ETH (roughly $410,000).
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The Moonbirds collection follows the path of the Bored Ape Yacht Club by releasing NFTs that grant owners access to a private ecosystem and membership club. According to the project roadmap, access to exclusive drops, club membership, and various goods will soon be open, as well as early access to the upcoming Project Highrise metaverse is planned.
The Moonbirds NFT Collection was founded by PROOF Collective, which works on several NFT projects and also acts as an exclusive social club for 1000 PROOF Collective NFT holders. The price of collectible membership cards is constantly growing and at the time of writing, one such ticket cost 91 ETH.
The rapid rise of the Moonbirds collection may be due to the fact that investors initially provided significant support to the founders of the PROOF Collective project. Founders are known to include tech entrepreneur and Digg founder Kevin Rose, as well as web3 investors Justin Mezzell and Ryan Carson. Some Twitter users have tagged Kevin Rose in their tweets, saying they supported the project because of its strong reputation, connections in the web2 and web3 world, and its NFT-focused podcast that “contains some of the most vital alphas” for his listeners.