Yuga Labs has expanded its presence in digital art by merging with PROOF Collective just four days ago, adding Moonbirds, Oddities, Mythics and Grails to their already impressive portfolio.
Following this acquisition, Moonbirds' trading volume reached $2,595,445 (884.75 eth) in the last 24 hours, a significant increase of 59.5%. The number of transactions increased by an impressive 56.8%, according to CoinGecko.
Surprisingly, the floor price of the nft project quickly increased by approximately 80.65% to $7,551.56 (2.57 eth) from $4,180.27 (1.4 eth) after the announcement. Backed by a trading volume of $3,749,500.48 (1,276 eth), its sudden rise shows the strong enthusiasm of the market and the weight of collaborative efforts.
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