In the last week, the sale volume for Non-fungible tokens (NFTs) jumped by 17.78% after recording a 13% decline in the sales volume in the week before. The MoonBirds NFT by PROOF Collective, a new entrant into the NFTs ecosystem led this spike in price.
To the Moon!
NFTs sales volume spiked by over 17% in the last week after suffering a 13% decline in the previous week. This sale volume represents sales across 15 different blockchains that totaled a sum of $706,473,516 from 221,906 buyers across all blockchains.
The top five blockchains that recorded the highest sales are Ethereum with a sale volume of $610 million, Solana with a sale volume of nearly $59 million, Avalanche with a sale volume of nearly $8.9 million, and Polygon with a sale volume of $7.8 million within the last seven days.
And the collection topping the charts with the highest sale volume is MoonBirds.
MoonBirds represents a collection of 10,000 PFPs with utility that feature a richly diverse and unique pool of rarity-powered traits.
With a floor price of 18.5000 ETH recorded over the last 7 days, the sale volume for the NFT totaled $268 million with over 10,000 buyers. In the last 24 hours however, the project appeared to have lost traction with its sale volume down to $60 million representing a near 71% decline.
Similarly, in the last 24 hours, the number of active wallets holding the NFT was 2,647, as opposed to the 13,370 active wallets that interacted with the NFT project in the past week. This represents a decline of over 75%.
The MAYC & BAYC…
The Mutant Ape Yacht Club (MAYC) and the Bored Ape Yacht Club (BAYC) are NFT projects that have a history of high sales volume in the past. A consideration of how these projects fared within 7 days of their respective launches when compared with MoonBirds is worthy of note.
As mentioned earlier, MoonBirds recorded a sales volume totaling $268 million within a week of its launch. MAYC, upon launch recorded a sales volume of $253 million. This represents a 6% decrease from the sales volume recorded for MoonBirds. Within the same time-frame, upon its launch BAYC on the other hand recorded a sales volume of $18,054.13, representing an increase of over 10,000%.
Are you thinking of getting MoonBirds?
According to the PROOF Collective, holding a MoonBirds NFT will grant a holder rewards that the collective has to offer for the members of the MoonBird community.
Similarly, holders will enjoy first access to PROOF’s proposed metaverse “Project Highrise” to be launched soon. In addition, with a MoonBirds NFT, a holder possesses the key to be a part of PROOF collective’s private discord.