Moonbirds, once a cautionary tale among NFT collectors due to broken promises and a significant drop in value, have seen a resurgence in interest and price. After being acquired by Orange Cap Games, a gaming startup, the NFTs are experiencing a dramatic increase, with floor prices rising from under 1 ETH to well over 3 ETH, translating to nearly $14,000. This turnaround is attributed to renewed community engagement and the introduction of the term 'birbish' as part of the brand's identity, allowing it to resonate within NFT culture. Spencer Gordon-Sand, the leader of Orange Cap, noted that their approach focuses on reactivating the community and integrating protocols that foster genuine interest in advancements rather than mere financial speculation. Despite the price surge, he cautioned that this might not signal a broader recovery in the NFT market, encouraging a careful outlook on future trends.

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