Charles Esther
Ethereum-based non-fungible token (NFT) collection Moonbirds has seen a remarkable resurgence in market activity following the sale of its intellectual property (IP) to blockchain game developer Orange Cap Games.
On June 6, data from NFT aggregator CryptoSlam revealed that Moonbirds reached a weekly sales volume exceeding $2 million.
This figure represents a staggering 2,525% increase compared to the previous week.
Moreover, by early June, the collection had already surpassed its entire sales volume for May.
For the month so far, Moonbirds posted sales of around $1.4 million, marking a 43% rise from May’s $900,000.
In addition to sales growth, Moonbirds recorded over 1,000 transactions in the past seven days, an increase of 877% from the week before.
Thanks to this surge, Moonbirds climbed to become the seventh-ranked NFT collection in weekly sales.
This impressive rise allowed it to overtake other popular NFT collections such as Pudgy Penguins and Bored Ape Yacht Club (BAYC).
The sharp uptick in Moonbirds’ market activity comes shortly after Yuga Labs, the original owner of the collection, sold the IP to Orange Cap Games.
On May 30, Orange Cap Games announced the acquisition of the intellectual property rights for Ethereum-based NFT collections Moonbirds, Mythics, and Oddities from Yuga Labs.
This sale marked a pivotal moment for the Moonbirds ecosystem as Orange Cap Games assumed creative and developmental control.
Greg Solano, CEO of Yuga Labs, expressed confidence in the new ownership, stating that Moonbirds “deserve a team whose whole world is the birds.”
He believes Orange Cap Games is well-positioned to unlock the full potential of the Moonbirds project.
Orange Cap Games is known for developing Vibes, a hybrid trading card game that blends physical and digital gameplay elements.
This game also incorporates Pudgy Penguins IP, enabling players to collect and trade cards in both physical and digital formats.
The Moonbirds sales increase coincides with a broader resurgence in the NFT market, which had been experiencing a downward trend throughout early 2025.
NFT sales in May reached $476 million, representing a 27% increase from April’s figures.
This marked the first monthly sales growth in 2025 after five months of consecutive decline starting from December 2024.
May also saw a significant rise in unique NFT buyers, hitting 936,000—a 50% jump compared to April’s 622,000 buyers.
The recent surge in Moonbirds sales and renewed market interest highlight growing investor optimism surrounding digital collectibles and blockchain gaming projects.
As Orange Cap Games takes the reins, the Moonbirds collection appears poised for further growth and innovation in the evolving NFT space.
