Moonbirds NFT Floor Price Jumps 12% After Birb Token Announcement

Moonbirds reveals plans to launch the birb token on Solana, contributing to a 12% rise in the floor price of its NFTs.

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Summary

Moonbirds revealed on October 2 that it will launch the birb token on the Solana blockchain, which has contributed to a 12.1% increase in the floor price of its NFTs, reaching 3.895 ETH, according to OpenSea data. The announcement signals further expansion into blockchain technology.

Terms & Concepts
  • NFT Floor Price: The lowest price at which an NFT from a particular collection is listed for sale on the market.
  • ETH (Ethereum): A cryptocurrency used as the native token of the Ethereum blockchain, often serving as a medium for NFT transactions.
  • Solana: A high-performance blockchain network known for fast transaction speeds and low fees, often used for decentralized applications and token launches.