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NFT News

Moonbird #7205 Sold for a Mind-boggling $800,000

Written By:
Stuti Mansata

Last updated: April 22, 2022 12:31 PM
Published April 22, 2022 12:31 PM
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Last updated: April 22, 2022 12:31 PM
Published April 22, 2022 12:31 PM
Moonbird #7205 Sold for a Mind-boggling $800,000

The ‘Moonbird’ NFT collection which was launched nearly a week ago is still making news. One of the pieces of the collection has been sold for over $800,000 setting a new record.

Data from NFTGO shows that Moonbird #7205 was sold for 265 wrapped ETH or more than $800,000. This makes the NFT #7205 the costliest NFT of the collection.

We understand we're in a massive hype cycle. Our job is to live up to your high expectations, we're pumped and committed. 🙏🦉 https://t.co/GjBih37BxN pic.twitter.com/H4dk4RpSP1

— Moonbirds (@moonbirds) April 22, 2022

The Moonbird collection currently has a floor price of 36.5 ETH. The collection has a trading volume of 100.5k ETH at the time of writing.

The collection has been the most traded NFT collection by sales volume in the last 24 hours, 7 days as well as for a month. The collection is already at the 12th rank for sales volume for all time sales. 

Moonbirds is a 10,000 piece NFT collection featuring computer-generated pixel owl avatar NFTs which had a mint price of 2.5 ETH per NFT at the time of launch. Moonbirds are utility-enabled profile picture NFTs and are released by the Proof collective.

Moonbirds became the most popular NFT collection in 24 hours after the launch. It secured the first rank by sales volume in the weekly ranking as well as 30 days by generating $290 million in four days.

The Proof collective is a highly exclusive 1000 member group and their esteem seems to have influenced and inflated the Moonbird collection’s sales.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Stuti Mansata - The Crypto Times' Former Content Writer
By Stuti Mansata
Living by the phrase 'as above, so below', Stuti Mansata is an IT Engineer and an ardent lover of words with a knack for finance and everything crypto.

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