Moonbirds’ NFT collection to the moon, but here’s the full picture

ambcrypto.com:

In the last week, the sale volume for Non-fungible tokens (NFTs) jumped by 17.78% after recording a 13% decline in the sales volume in the week before. The MoonBirds NFT by PROOF Collective, a new entrant into the NFTs ecosystem led this spike in price.

NFTs sales volume spiked by over 17% in the last week after suffering a 13% decline in the previous week.  This sale volume represents sales across 15 different blockchains that totaled a sum of $706,473,516 from 221,906 buyers across all blockchains.

The top five blockchains that recorded the highest sales are Ethereum with a sale volume of $610 million, Solana with a sale volume of nearly $59 million, Avalanche with a sale volume of nearly $8.9 million, and Polygon with a sale volume of $7.8 million within the last seven days.

Source: Cryptoslam

And the collection topping the charts with the highest sale volume is MoonBirds.

Source: Cryptoslam

MoonBirds represents a collection of 10,000 PFPs with utility that feature a richly diverse and unique pool of rarity-powered traits.

With a floor price of 18.5000 ETH recorded over the last 7 days, the sale volume for the NFT totaled $268 million with over 10,000 buyers. In the last 24 hours however, the project appeared to have lost traction with its sale volume down to $60 million representing a near 71% decline.

Similarly, in the last 24 hours, the number of active wallets holding the NFT was 2,647, as opposed to the 13,370 active wallets that interacted with the NFT project in the past week. This  represents a decline of over 75%.

The Mutant Ape Yacht Club (MAYC) and the Bored Ape Yacht Club (BAYC) are NFT projects that have a history of high sales volume in the past. A consideration of how these projects fared within 7 days of their