Moonbirds Tops Sales Charts With $290M Sold In Four Days

The recently launched Ethereum-based NFT project, Moonbirds, is now making its way to the top of the trade volume charts. In just 4 days, the project has generated $290 million worth of sales. The NFT collection consists of 10,000 computer-generated pixel owl avatars.

The entire collection sold out promptly on April 16 with a mint price of 2.5 Ether (ETH) per NFT, which equals approximately $7,700 at current prices. Since then, the floor price has exploded on secondary markets. According to OpenSea, the floor price currently stands at 18.45 ETH – around $56,800.

Data from CryptoSlam shows that the project has generated upwards of $289.9 million worth of secondary sales. With this figure, this project is the top-selling NFT collection over the 7-day and 30-day metrics. The project is now also second over the past 24 hours.

In comparison, Moonbirds’ NFT sales figures are 52% ahead of the second-placed Azuki collection and its $189.3 million in volume. Moonbirds is also 76% ahead of the Bored Ape Yacht Club (BAYC) in terms of sales volume as BAYC stands at $164.6 million.

DappRadar also showed that the Moonbirds #7963 NFT was the ninth-largest sale of all NFT collections over the past week – selling for 135 ETH ($410,000).

One of the contributing factors to Moonbirds’ impressive launch is the substantial backing that the founding members of the PROOF Collective have received from investors. The PROOF Collective is working on several NFT projects and also acts as an exclusive social club for the 1,000 PROOF Collective NFT holders.