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    Buterin says Terra recovery should target smaller holders

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    U.S. DoJ Slaps Charges Against Promoters of Baller Ape Club NFT In Rug Pull Scam

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    NFT Marketplace OpenSea Flags Data Breach, Here’s What Was Leaked

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    eBay Acquires NFT Marketplace KnownOrigin, Here’s Why

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    NFT Collection Doodles Sees 400% Spike In Volumes On This

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    The Sandbox Launches Alpha Season 3 This August

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    Netflix Goes to Decentraland to Promote “The Gray Man”

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    Mirror Worlds: Merging The Metaverse With The Real World

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    Manchester City Teams Up With Roblox To Unveil New Kit In The Metaverse

    Decentraland's Third Metaverse Art Week To Go Live This Month

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    Experience Ghosts Metaverse in Decentraland

    Experience Ghosts Metaverse in Decentraland

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    Samsung Launches ‘Space Tycoon’ As Metaverse Contributions Continue

  • Analysis
    bitcoin

    Bitcoin Price Declines Below 50-Day MA, Is A Recovery Expected?

    TA- Trezor (TRB) Holds Strong Above $40, Will The Crypto Pullback Affect It?

    TA- Trezor (TRB) Holds Strong Above $40, Will The Crypto Pullback Affect It?

    Bitcoin

    Bitcoin Price Showing Early Signs of Fresh Downtrend, But $22.5K Is The Key

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    Ethereum Uptrend Vulnerable Unless It Surges Past $1,900

    TA- Binance Coin Price Fails To Break $337, Have Bulls Given Up?

    TA- Binance Coin Price Fails To Break $337, Have Bulls Given Up?

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    Bitcoin Price Must Clear This Level If It Wants To See $28,000

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    TA: Bitcoin Price Won’t Go Down Quietly: Key Supports To Watch

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    MATIC (Polygon) Is Exploding! Here’s Why Leading DeFi Projects Are Integrating With Polygon

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    Common Crypto Mistakes To Avoid

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  • Regulation
    Huobi explains what went wrong with HUSD after stablecoin is back on track

    Huobi explains what went wrong with HUSD after stablecoin is back on track

    Crypto Exchange Gemini Rolls Out Staking for Polygon (MATIC), Says Support for Other Top Altcoins Coming Soon

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    SBI lost 40% of hash rate after stopping mining in Russia: Data

    SBI lost 40% of hash rate after stopping mining in Russia: Data

    FDIC sends 5 companies, including FTX.US, cease and desist letters for making false statements about deposit insurance

    FDIC sends 5 companies, including FTX.US, cease and desist letters for making false statements about deposit insurance

    The Philippines pushes back against foreign exchanges, continuing a protectionist streak

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    Hodlnaut cuts 80% of staff, applies for Singapore judicial management

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    US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’

    US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’

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Home NFT’s

Moonbirds NFT Sells For A Record $800,000 As Demand Heats Up

April 22, 2022
in NFT’s
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A Moonbird NFT sold for over $800,000 in less than a week after its launch, setting a new record in sales for the fast-growin NFT collection. The collection has skyrocketed in sales and value since a successful launch last week.

Data from NFT Go showed that Moonbirds #7205 sold for about 265 wrapped ETH, or roughly $804,600. The figure is the biggest sale seen by the collection, and is also one of the most valuable NFT sales in recent weeks.

The collection is produced by the Proof Collective, which claims to be a private group of 1000 NFT collectors and artists. Reports say popular artist Beeple- who holds the record for the most valuable NFT sale- is among its ranks.

Moonbirds
Source: OpenSea

Moonbirds take flight

Moonbirds is currently the most-traded NFT collection by volume, with 24 hour volumes at $54.5 million, up 51%. Trading in the collection has blown past bigger peers such as Bored Apes, CryptoPunks and Azuki.

Moonbirds is currently valued at about $266.5 million, more than twice its market capital at launch. The token’s floor price is currently at about 33 ETH, over 10 times its minting price of 2.5 ETH.

The collection consists of 10,000 unique images of owls, and offers benefits for holding each token for a longer period of time. Like Bored Apes, Moonbirds also offer membership to an exclusive club that is affiliated with the Proof Collective.

Scams pour in

But the collection’s surge in popularity also invited a slew of scams and phishing attempts on Twitter. Reports showed that hackers had used verified Twitter accounts to send links that claimed to be associated with Moonbirds.

The links encouraged users to link their crypto wallets, after which their funds and NFTs were swiftly drained.

Moonbirds founder Justin Mezzell Tweeted against the hackers, urging users to be cautious. The official Moonbirds Twitter handle also decried the attacks, and said the project did not have any  other channels beyond its official website.



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