Moonbirds NFT Sales Surge 2,525% Following Acquisition of IP by Orange Cap Games
The Ethereum-based non-fungible token (NFT) collection, Moonbirds, has experienced a revival in market activity following the sale of its intellectual property (IP) to the blockchain game development studio, Orange Cap Games.
On June 6, data from the NFT data aggregator CryptoSlam indicated that Moonbirds achieved a weekly sales volume exceeding $2 million, marking a staggering increase of 2,525% compared to the prior week. By June 6, the collection had also outperformed its total sales for the entire month of May.
During June, the collection has generated approximately $1.4 million in sales thus far, reflecting a 43% increase from May’s $900,000. Additionally, Moonbirds recorded over 1,000 transactions in the past week, a remarkable 877% rise from the previous week.
As a result of this surge, Moonbirds has climbed to the seventh position among NFT collections based on weekly sales, surpassing well-known collections like Pudgy Penguins and Bored Ape Yacht Club (BAYC).
Moonbirds’ Surge Following IP Sale
This marks the most significant increase in Moonbirds sales in recent months, highlighting renewed investor confidence after NFT company Yuga Labs sold the IP to Orange Cap Games.
On May 30, Orange Cap Games announced that it had acquired the IP for the Ethereum-based NFT collections Moonbirds, Mythics, and Oddities from Yuga Labs. This acquisition represents a pivotal shift for the Moonbirds ecosystem, with Orange Cap Games assuming creative and developmental oversight of the project.
Yuga Labs CEO Greg Solano stated that Moonbirds “deserve a team whose entire focus is on the birds.” He expressed confidence that Orange Cap Games is the ideal steward to help Moonbirds realize its full potential.
Orange Cap Games is recognized for developing Vibes, a hybrid trading card game that combines physical and digital gameplay elements. The game incorporates the Pudgy Penguins IP, enabling players to collect and trade using cards in both realms.
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NFTs Break Downward Trend in May
The resurgence in Moonbirds sales coincides with a rebound in digital collectibles in May, breaking a downward trend observed throughout 2025.
NFT sales reached $476 million in May, reflecting a 27% increase compared to April. This marked the first monthly sales uptick in 2025, ending a five-month decline that began in December 2024.
Furthermore, May witnessed a notable increase in unique NFT buyers, reaching 936,000, which is a 50% rise compared to April’s 622,000.
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