Moonbirds Token BIRB to Launch on Solana, Rejuvenating NFT Project

Moonbirds, a resurgent Ethereum NFT project, is launching its ecosystem token BIRB on Solana. The pixelated owl collection was acquired by Yuga Labs in 2024 and has seen renewed optimism after being acquired by Orange Cap Games. The move reflects a trend of "culture coins" to deepen engagement and unlock new utility. Market reaction has been positive, with secondary market NFT sales spiking and the collection's floor price increasing to 3.45 ETH ($15,450 worth).

Moonbirds, a resurgent Ethereum NFT project, is set to launch its ecosystem token, BIRB, on Solana. The pixelated owl collection, originally created by Kevin Rose’s Proof Collective in 2022, has seen renewed optimism following a series of ownership changes and updates. The latest move involves Orange Cap Games, a gaming and IP development studio led by Spencer Gordon-Sand, acquiring the collection in May 2025. This acquisition is part of a broader trend of "culture coins," tokens issued by major NFT communities to deepen engagement and unlock new utility.

The Moonbirds collection initially soared at launch in 2022, generating $280 million worth of trading volume in just two days. However, it crashed due to community backlash as broader NFT hype collapsed. Yuga Labs, the parent company of the Bored Ape Yacht Club, acquired Proof and the Moonbirds brand in February 2024, but left the IP largely dormant. The acquisition by Orange Cap Games appears designed to inject new life into the project, especially by tying it into Solana’s popular meme coin ecosystem.

The market reaction to the Moonbirds announcement has been positive. Secondary market NFT sales spiked after news broke, pushing the collection’s floor price up to 4 ETH, currently trading at 3.45 ETH at the time of writing, about $15,450 worth. The NFTs were trading for less than $1,000 worth of ETH earlier this year, before the Orange Cap acquisition. Traders are betting that BIRB, if designed with clear utility, could cement Moonbirds’ relevance following the recent resurgence.

In terms of long-term plans for the token, nothing has been announced. However, Gordon-Sand cryptically wrote on X, “Timing is everything.” The official Moonbirds account on X noted that there will be “ample time given in the lead up to the launch with more details communicated ahead of time.”