Moonbirds NFTs have experienced a resurgence, rising from a floor price of just 0.29 ETH to over 3 ETH, significantly increasing in dollar value. This revitalization is largely attributed to the acquisition of the project by Orange Cap Games, which is spearheaded by Spencer Gordon-Sand, aiming to reinvigorate the collection and explore new avenues for development. In the past, Moonbirds faced severe criticism and a drastic drop in value, from highs of nearly $120,000 down to under $800. The community's renewed enthusiasm is partly due to a cultural rebranding around terms like 'birb' and 'birbish,' fostering a sense of identity and engagement. This shift reflects a broader trend in NFT culture, where online memes significantly influence projects' success. Moreover, while the NFT market is seeing growth, caution remains relevant due to historical volatility. Additonally, the ongoing improvement in the NFT landscape is compared to past tech booms where select projects emerged successful amidst broader market fluctuations.

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