Moonbirds NFTs have regained popularity after a significant downturn, primarily due to a new acquisition by Orange Cap Games, a gaming startup focused on integrating various properties. This turnaround comes after the project faced criticism and falling prices, leading to a drastic reduction in its market value. Under Orange Cap's leadership, the collection's floor price surged from 0.29 ETH to over 3 ETH and from under $800 to nearly $14,000 in just a few months. A cultural shift within the community, highlighted by the introduction of terms like 'birb' and 'birbish,' has also revitalized interest and engagement among NFT collectors. Spencer Gordon-Sand, the head of Orange Cap, aims to enhance the Moonbirds brand and connect with a wider audience. He emphasizes that current strategies focus not only on speculative trading but also on nurturing a committed community eager for innovative projects. Despite this surge, caution is advised regarding future market trends, with parallels drawn to past market cycles.

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