Once a punchline among NFT enthusiasts, Moonbirds NFTs are witnessing a significant resurgence. Initially launched in 2022 and suffering a drop in reputation and price amidst community backlash and ownership changes, Moonbirds has seen its floor price increase dramatically. The turnaround is largely attributed to the acquisition of the project by Orange Cap Games, a gaming and IP development firm, which aims to revitalize the brand. With the floor price rising from 0.29 ETH to over 3 ETH, excitement in the community is palpable. Interestingly, a key part of their strategy includes embracing the meme culture by popularizing terms like 'birb' and 'birbish', fostering a playful identity. As Moonbirds aims to engage a younger audience and re-establish its presence on platforms like Crypto Twitter, holders show renewed optimism. However, while the NFT market displays signs of life, caution is advised as history shows the volatility of these assets. In the current climate, traditional blue-chip NFTs are also experiencing impressive price hikes, indicating a possible resurgence in interest in the NFT space.

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