Moonbirds proceeds to attain new milestones despite an enormous drop in deals percentage in the non-fungible token (NFT) area.
Moonbirds has earned a substantial payment to the mainstream adoption of NFTs since its inauguration in April, attaining nearly $555.17 million in total deal volumes.
This milestone appears as an enormous development in the NFT area, which has seen a constant decrease in monthly amounts throughout 2022.
Several digital collections indicating the highest deals number encompass Axi Infinity, Cryptopunks, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Art Bloks, NBA Top Shot, Other Deeds, Azuki, CloneX, The Sandbox, Cool Cats.
Moonbirds is inaugurated on April 16, it is a non-fungible token program by Proof, a media startup established by investment capitalist Kevin Rose.
Mirroring different programs, the Moonbirds collection encompasses 10,000 owl avatars. Within seven days of its start, Moonbird #2642 sold for $1 million (then about 350 ETH) on the NFT marketplace, OpenC, on 23 April.
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