Moonbirds NFT Sales Surge: Exciting Turnaround After Yuga Labs IP Sale
Attention NFT enthusiasts! Holders of the popular Moonbirds NFT collection have just witnessed an exciting turnaround. Following a significant announcement, the collection has experienced its most substantial market activity surge in recent months, grabbing the attention of the crypto world.
Moonbirds NFT Sales See Dramatic Spike
The Ethereum-based non-fungible token (NFT) collection, Moonbirds, has seen a dramatic resurgence in market activity. Data from NFT data aggregator CryptoSlam on June 6 revealed an impressive weekly sales volume exceeding $2 million. This represents a staggering 2,525% increase compared to the previous week.
Looking at monthly performance, the collection surpassed its total sales for May within the first six days of June. June’s sales volume reached approximately $1.4 million by June 6, already 43% higher than May’s total of $900,000. Transaction volume also saw a significant jump, with over 1,000 transactions recorded in the last seven days, an 877% increase from the week prior.
This surge propelled Moonbirds to the seventh position in weekly NFT sales rankings, placing it above well-known collections such as Pudgy Penguins and Bored Ape Yacht Club (BAYC).
Why the Surge? The Yuga Labs IP Sale Explained
The primary catalyst for this market excitement appears to be the recent intellectual property (IP) sale. This is the most significant uptick in Moonbirds sales observed in months, suggesting renewed investor optimism following the transfer of ownership.
On May 30, NFT company Yuga Labs announced the sale of the IP rights for their Ethereum-based NFT collections — Moonbirds, Mythics, and Oddities — to blockchain game development studio Orange Cap Games. This acquisition marks a pivotal shift for the Moonbirds ecosystem, granting Orange Cap Games full creative and developmental control over the project.
Yuga Labs CEO Greg Solano commented on the sale, stating that Moonbirds “deserve a team whose whole world is the birds.” He expressed confidence that Orange Cap Games is the ideal steward to help the collection reach its full potential.
Who is Orange Cap Games? New Stewards of the Birds
The new owner, Orange Cap Games, is recognized for developing Vibes. Vibes is a hybrid trading card game that blends physical and digital gameplay elements. The game currently incorporates Pudgy Penguins IP, allowing players to collect and trade cards in both physical and digital formats. Their experience integrating established NFT IP into gaming could be a positive sign for the future development of the Moonbirds collection.
Broader Context: NFT Sales Show May Resurgence
The IP sale and subsequent Moonbirds surge occurred within a broader context of renewed activity in the digital collectibles market. May saw a significant resurgence in NFT sales, breaking a downward trend that had persisted throughout early 2025.
Key data points from May’s NFT market performance:
- Total NFT sales reached $476 million, a 27% increase from April.
- This marked the first monthly sales increase in 2025, following a five-month decline since December 2024.
- The number of unique NFT buyers increased significantly, reaching 936,000 – a 50% rise compared to April’s 622,000.
The uptick in overall NFT market activity in May provided a favorable backdrop for the Moonbirds collection’s surge in early June.
Summary: What This Means for Moonbirds
The dramatic surge in Moonbirds NFT sales volume and transactions immediately following the Yuga Labs IP sale to Orange Cap Games signals strong market confidence in the collection’s new direction. This event not only highlights the potential impact of strategic IP management in the NFT space but also reflects a broader positive trend observed in overall NFT sales during May. The future development under Orange Cap Games’ stewardship will be closely watched by the community and the wider NFT market.
