Orange Cap Games Revives Moonbirds NFT with 1000% Rally

Moonbirds NFT project, created by Kevin Rose in April 2022, saw its floor price reach 38.5 ETH. A unilateral CC0 licensing decision in August 2022 eroded community trust. The floor plunged to 0.22 ETH despite a Yuga Labs acquisition. In May 2025, Orange Cap Games acquired Moonbirds. Founder Spencer focused on transparent governance and community engagement. Within three months, the floor price surged from 0.3 to 3.9 ETH, a rally exceeding 1000%. Spencer plans a phased roadmap: revitalise the community, develop Moonbirds as an IP platform, and launch product partnerships. His prior success with Pudgy Penguins IP and long-term “diamond hands” approach established credibility. The project now boasts a 25,000-strong Telegram community, $1.4M in prize pools, and five consecutive days atop Ethereum NFT trading. This revival underscores the value of pragmatic leadership and solid community ties. As Moonbirds NFT targets mainstream IP status, traders should watch floor price trends, upcoming product drops, and potential token launch. The Moonbirds rebound marks a bullish signal for the NFT market, highlighting the impact of governance and IP strategy on digital collectibles.
Bullish
Moonbirds NFT’s floor price rally reflects renewed market confidence. After a low of 0.22 ETH, the 1000% surge to 3.9 ETH indicates strong buyer demand. This turnaround, led by Spencer’s transparent governance and proven IP strategy, parallels other successful NFT revivals like Pudgy Penguins, which saw significant value appreciation under consistent leadership. In the short term, expect increased trading volume and price volatility as traders capitalize on momentum. Long term, the clear roadmap towards IP development and mainstream partnerships suggests sustainable growth, potentially attracting new collectors and institutional interest. This positive trajectory typically signals bullish sentiment in the NFT sector, reinforcing Ethereum’s role as a leading NFT platform. Traders should monitor community metrics and product announcements as indicators of continued upside potential.