Orange Cap Games has acquired the IP rights to Moonbirds from Yuga Labs, driving the NFT collection’s biggest sales spike in months.
Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap Games.
On June 6, data from NFT data aggregator CryptoSlam revealed that Moonbirds has reached a weekly sales volume of over $2 million, up 2,525% on the previous week. For monthly volumes, the collection surpassed its sales performance for all of May by June 6.
In June, the collection has sales of around $1.4 million so far, up 43% from May’s $900,000. Moonbirds also reached over 1,000 transactions in the last seven days, a 877% increase on the previous week.
