Moonbirds NFT Project to Launch BIRB Token on Solana
- Ethereum NFT project Moonbirds plans to release a new token, BIRB, on Solana.
- The Moonbirds collection was acquired by Orange Cap Games, boosting interest and activity.
- Moonbirds NFTs’ floor price rose to approximately $15,450 (3.45 ETH) after the announcement.
- The initial Moonbirds launch in 2022 generated $280 million in trading volume within two days.
- Yuga Labs previously acquired the brand in February but left it largely dormant until Orange Cap’s acquisition.
Moonbirds is leveraging its resurgence by launching the BIRB token on Solana, reflecting a trend where NFT projects introduce tokens to enhance community engagement and utility.
Following the announcement of BIRB’s launch, Moonbirds NFTs saw a significant price increase, indicating positive market reception and renewed interest in the project. Source
