The freshly launched Ethereum-based “Moonbirds” nonfungible token (NFT) project is soaring to the top of the trade volume charts after generating $290 million worth of sales in just four days.
There are 10,000 computer-generated pixel owl avatar NFTs in total, which were promptly sold out on Saturday for a mint price of 2.5 Ether (ETH) per NFT, or $7,700 at the time of writing. The floor price, or minimum average sale, has since exploded on secondary markets, with OpenSea currently showing a hefty sum of 18.45 ETH, or $56,800 at the time of writing.