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What Are the Moonbirds NFTs? Why Are Moonbirds So Popular and Expensive?

By Craig Green
May 3, 2023
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In this article, you will learn what are the Moonbirds NFTs. The NFT space has become quite crowded. More often than not, you'll be sidelined by copycat collections looking for a quick buck. But amid the hype around NFTs, especially profile picture (PFP) collections, you'll come across a gem like Moonbirds. 

What Are the Moonbirds NFTs?

Moonbirds is a collection of 10.000 unique owl avatars with rare traits such as mohawks, eye patches and fiery eyes. The project can be categorized as part of the PFP boom that's hit the crypto industry. PFPs are profile pictures displayed by on social media ce brite site or other NFT enthusiasts.

Each Moonbird gives the user access to an exclusive private membership club, called PROOF Collective, where one can accrue additional benefits. As with every other NFT, although Moonbirds share similar elements, no two Moonbirds are exactly alike.

While the inaugural Moonbirds NFT collection was capped at 10.000 Owls, only 7.875 of the Moonbirds were available to the public. The NFT community felt concerned about the limited Moonbirds drop, citing accessibility issues. Indeed, the much-hyped 4 out collections of the NFT drop.

Why Are Moonbirds So Popular and Expensive?

The buzz around Moonbirds has been mind-boggling. Moonbirds flew right out of the mint, and made some of the more prominent PFP NFTs look like child's play. Its shake-up of the NFT space is phenomenal, its prominence has caused a serious ripple effect.

Upon its launch, the 7.875 of the 10.000 NFTs up for grabs (through a raffle) were cleared off the shelf within two days. Moonbirds raked in 19.687 ETH, which was valued at around $60 million at that time. generate millions for holders in the NFT secondary market.

Moonbirds' affiliation with the PROOF Collective made it an instant hit. When the PROOF Collective NFTs hit the market, they went for 1 ETH each. Despite a slow 2021. the PROOF Collective passes started slowly rising to double digits — and hit over 100 ETH before the Moonbirds launch. A combination of FOMO (fear of missing out) and NFT notoriety associated with Moonbirds have blown the project's value through the roof.

Where to Buy and Sell Moonbirds

Moonbirds can be traded on key NFT marketplaces such as OpenSea and Rarible. The price is usually quoted in ETH, and you need a MetaMask wallet to facilitate trades. From the prices quoted on these NFT markets, it's clear that owning one of these pixelated owls doesn't come cheap.

And yet, if you can get a Moonbird, it could prove lucrative in the end, as with the enormous success of Bored Apes and CryptoPunks. With so many Moonbirds nesting, and a well-funded project development team, it seems like the journey has just began for these coveted digital owls.

Bottom Line

Moonbirds has continued to bring in heavyweights in the industry to help map out its future. The Moonbirds team is seriously focused on building and empowering its community, and the project's momentum hasn't flagged. This is about what are the Moonbirds NFTs.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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