• Moonbirds NFT sales skyrocket, reaching $364 million in just five days

  • Moonbirds, a non-fungible token (NFT) collection, has been a source of discussion among the NFT community due to the compilation’s massive sales. The Moonbirds NFT project began selling five days ago, on April 16, and statistics show that the collection has sold $364.83 million since then.

    This week’s top seller is Moonbirds NFT Collection.

    This week, the sales of Moonbirds, a new NFT collection, eclipsed those of Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Cryptopunks. Traders just began trading the 10,000 Moonbirds NFTs five days ago, but it has already generated $364.83 million in sales volume.

    Moonbirds is currently the top NFT collection in terms of overall sales this week, outselling dozens of other collections. In fact, Moonbirds sales account for approximately 37.85 percent of the entire NFT sales of $963.8 million recorded during the previous week.

    Proof Collective, a group of well-known NFT collectors, has endorsed Moonbirds, making the collection popular. Among its members are investor Gary Vaynerchuk and famed NFT artist Beeple.

    According to the Proof Community website, it is a “secret members-only collective of 1,000 passionate NFT collectors and artists.” To become a member of Proof Collective, the membership cost is set at about 108 ethereum (ETH). Justin Mezell, Kevin Rose, and Ryan Carson created Proof Collective.

    Following the completion of the Moonbirds public mint, the NFT collection saw a huge increase in sales, holding the highest sales volume on Opensea this week. Moonbirds has had 11,170 buyers in the last five days out of 14,723 transactions. Moonbirds aren’t cheap, as three of them made the top five most costly NFT sales this week.

    According to cryptoslam.io data, Moonbird #2819 sold for 182.44 ether, or $562K, around 18 hours ago. Moonbird #1210 sold for the same price as Moonbird #8249, which sold for 175 ether or $547K around six hours before this post was written. At the time of writing, Moonbirds had around 6,512 owners, according to metrics. The floor value of the pixelated bird collection has also increased by 61.1 percent in the last 24 hours, reaching 33 ether.

    Moonbirds NFTs have experienced a 24-hour trade volume of 15,711.94 ether, or $48.1 million. The market capitalization of the 10,000 individual Moonbirds is around 330,000 ether, or somewhat more than $1 billion in USD worth.

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