A non-fungible token (NFT) collection called Moonbirds has been a topical conversation within the NFT community as the compilation’s sales have been enormous. The Moonbirds NFT project started selling five days ago on April 16, and since then statistics show the collection has seen $364.83 million in sales.
The Moonbirds NFT Collection Takes Top Spot This Week
This week, a new NFT collection called Moonbirds topped sales from Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Cryptopunks. Traders only started trading the 10,000 NFT Moonbirds five days ago and since then it has captured $364.83 million in sales volume.
Moonbirds is currently the top NFT collection this week in terms of overall sales above dozens of unique collections. In fact, Moonbirds sales represent approximately 37.85% of the $963.8 million in total NFT sales recorded during the last week.
The Moonbirds have been popular because the collection is backed by Proof Collective, a group of well-known NFT collectors. Members include investor Gary Vaynerchuk and popular NFT artist known as Beeple.
Proof Collective’s website notes that it is a “private members-only collective of 1,000 dedicated NFT collectors and artists.” In order to join Proof Collective, the membership fee has a floor price of around 108 ethereum (ETH). Proof Collective was crafted by Justin Mezell, Kevin Rose, and Ryan Carson.
After the end of the Moonbirds public mint, the NFT collection saw a significant number of sales as it held the largest sales volume on Opensea last week. Out of 14,723 transactions, Moonbirds saw 11,170 buyers over the past five days. Moonbirds don’t come cheap, as three of them are among the five most expensive NFT sales this week.
Stats from cryptoslam.io indicates that Moonbird #2819 sold for 182.44 ether or $562K about 18 hours ago. Moonbird #1210 sold for the same exact price and Moonbird #8249 sold for 175 ether or $547K about six hours before this article was written. Metrics show Moonbirds has approximately 6,512 owners at the time of writing. The pixelated bird collection’s floor value is also up 61.1% during the last 24 hours jumping to 33 ether.
Over the past day, NFT Moonbirds saw 15,711.94 ether or $48.1 million in 24-hour trading volume. The 10,000 individual Moonbirds collectively have a market capitalization of around 330,000 ether or just over $1 billion in USD value.
