Moonbirds Rapidly Spiked Over 80% Post Yuga Labs Merger
Yuga Labs has expanded its digital art presence by merging with PROOF Collective just four days ago, incorporating Moonbirds, Oddities, Mythics, and Grails into its already impressive portfolio.
Following this acquisition, Moonbirds’ trading volume has reached $2,595,445 (884.75 ETH) over the past 24 hours, marking a significant increase of 59.5%. The number of transactions surged by an impressive 56.8%, as per CoinGecko.
Surpassingly, the NFT project’s floor price rapidly surged by approximately 80.65% to $7,551.56 (2.57 ETH) from $4,180.27 (1.4 ETH) after the announcement. Backed by a trading volume of $3,749,500.48 (1,276 ETH), its sudden rise showcases strong market enthusiasm and the weight of collaborative endeavors.
