In less than a week after its debut, A Moonbird NFT sold for over $800,000, marking a new high for the fast-growing NFT collection. Since its triumphant launch last week, the collection’s sales and value have surged.
Moonbirds #7205 sold for around 265 wrapped ETH, or about $804,600, according to NFT Go data. The sum represents the collection’s largest sale to date, as well as one of the most lucrative NFT sales in recent weeks.
The Proof Collective, which claims to be a secret community of 1000 NFT collectors and artists, created the collection.
According to reports, it includes popular artist Beeple, who holds the record for the most lucrative NFT sale.
Moonbirds is the most-traded NFT collection by volume, with 24hour volumes of $54.5 million, up 51%. Trading has surpassed larger competitors such as Bored Apes, CryptoPunks, and Azuki in the collection.
Moonbirds is now worth around $266.5 million, more than twice its initial market capital. The token’s current floor price is around 33 ETH, which is more than ten times its minting price of 2.5 ETH.
The collection includes 10,000 different owl photos, with rewards for keeping each token for a longer period of time. Moonbirds, like Bored Apes, offers membership to a private club linked with the Proof Collective.
However, as the collection’s popularity grew, so did the number of scams and phishing attempts on Twitter. Hackers exploited verified Twitter accounts to send URLs claiming to be linked with Moonbirds, according to reports.
Users were persuaded to link their crypto wallets using the links, following which their cash and NFTs were quickly depleted.
Moonbirds founder Justin Mezzell took to Twitter to warn users about the hackers. The official Moonbirds Twitter account also condemned the attacks, claiming that the initiative had no other outlets save its own website.
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