News Explorer — Moonbirds NFTs Saw a Surge in Activity Before Yuga Labs Acquisition Was Announced

Feb 16, 11:29 pm

Decrypt

Moonbirds NFTs Saw a Surge in Activity Before Yuga Labs Acquisition Was Announced

Prices and trading volume for the Moonbirds Ethereum NFT collection surged after Yuga Labs acquired the IP for the collection. Daily sales volume for Moonbirds NFTs had been relatively low throughout February, but on February 14, sales volume spiked fivefold. The price floor of the collection also experienced a significant increase in the days leading up to the announcement.

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