Moonbirds NFT Project Plans Solana-Based BIRB Token

byrn
By byrn
2 Min Read


Moonbirds, the non-fungible token (NFT) collection known for its pixel-style owl avatars, has announced the upcoming release of its own token, BIRB.

This new digital asset will launch on the Solana

SOL


$231.63



blockchain
. The announcement was shared during an event called Birbhalla, which took place alongside Token 2049 in Singapore.

It attracted early supporters and newer community members. A post on X shared by OpenSea stated that the BIRB token would be available soon, though no specific date or technical details were offered.

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Originally created in 2022 by Proof Collective, led by Kevin Rose, Moonbirds recorded over $280 million in trading volume within two days of launch. However, as interest in NFTs began to decline and the community responded negatively to certain changes, the project lost momentum.

In February 2024, Yuga Labs, the group behind Bored Ape Yacht Club, purchased Proof and the Moonbirds collection. Despite the acquisition, the project saw little development.

The outlook changed again in May when Orange Cap Games, a studio run by Spencer Gordon-Sand, purchased Moonbirds and promised a new direction.

Following the BIRB news, Moonbirds saw increased activity in secondary markets. Its floor price briefly reached 4 ETH before settling at around 3.45 ETH

ETH


$4,496.03



, roughly $15,450.

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