Moonbird NFT Hits $290 Million in Trading Volume Within 4 Days
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The Moonbird NFT collection has joined an exclusive list of successful NFTs after reaching $292 million in trading volume
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All the avatar NFTs in the collection sold out on April 16 for a mint price of 2.5 ETH, approximately $7,625 at current prices
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The trading volume places the project as the top-selling NFT collection in the last 7 days
Ethereum-based Non-Fungible Token project, Moonbird has enjoyed great success since it was launched 4 days ago. Data from CryptoSlam shows that the token has generated more than $291.8 million worth of secondary sales since its launch.
The figure places the project as the top-selling NFT collection in the past week, while it ranks 3rd over the last 24 hours, according to DappRadar.
The computer-generated pixel owl avatar NFTs initially sold out on April 16 for a mint price of 2.5 Ether, approximately $7,625 in today’s market.
The Moonbird NFT which consists of 10,000 avatars has joined a category of hugely successful collections like Azuki, Bored Ape Yacht Club, and CryptoPunks.
Although massive sales of NFTs are common in the NFT world, the quick success of this project has stunned everyone in the NFT community.
Read also: Sales of Bored Ape Yacht Club NFTs Spike as Floor Price Drops
The success of the project was high partly due to the name behind it: the Proof Collective. The Proof Collective is a group of 1,000 NFT collectors which includes members like Mike Winkelmann and Gary Vaynerchuk.
Membership of the Proof Collective NFT also doesn’t come cheap. In December 2021, the average price for a Proof NFT, which represents membership to the group cost 1.99 ETH.
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