Moonbirds exceeds $ 500 million in NFT sales over time

Moonbirds continues to reach new milestones despite the sharp decline in total monthly sales volume in the NFT (non-fungible token) area.

Moonbirds has made a valuable contribution to the use of mainstream NFTs since its launch in April, reaching a total sales volume of approximately $ 555.17 million, according to Be[In]Crypto Surveys.

This landmark comes as a huge boost to the NFT area, which has seen a continuous decline in monthly volumes through 2022.

Some of the digital collections that show the most sales volume include Axie Infinity, CryptoPunks, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Art Blocks, NBA Top Shot, Otherdeeds, Azuki, CloneX, The Sandbox, Cool Cats, and VeeFriends.

Source: NFT All-Time Collections Rankings by CryptoSlam

New to Moonbirds?

Launched on April 16, Moonbirds is a non-fungal token project by Proof, a media startup founded by venture capitalist Kevin Rose.

As a reflection of other projects, the Moonbirds collection includes 10,000 owl avatars. Within seven days of launch, Moonbird # 2642 was sold for $ 1 million (then around 350 ETH) on the NFT market, OpenSea, on April 23.

Much of the project’s success has been attributed to the support of one of the sharpest voices in the decentralized financial sector (DeFi), Kevin Rose, the success of his previous project called “Proof Collective”, and the taste of NFT collectors for digital collectibles on a success track.

That said, looking at the growing number of unique buyers on launch day, the increase in sales led to an increasing number of transactions totaling 9,734 unique buyers and 11,550 transactions.

At the end of April, unique buyers were 11,741 and corresponded to a total number of transactions of 15,909. Moonbird’s sales volume was around $ 485.22 million.

Source: Moonbirds April 2022 Sales Chart by CryptoSlam

There was an 89% increase in average sales value from $ 30,499.98 in April to $ 57,838.41 in May. At the end of May, Moonbird’s sales volume was in the range of $ 56.1 million.

Source: Moonbirds’ sales volume chart for May 2022 by CryptoSlam

At the time of writing, Moonbird had 450 unique buyers, had been involved in 608 transactions and had an average sales value of $ 25,232.03 for June 2022.

Disclaimer

All information on our website is published in good faith and for general information purposes only. Any action taken by the reader on the information contained on our website is strictly at your own risk.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *