After a downturn, NFT trading activity has quickly rebounded, with total transaction volume surging over three times. Blue-chip projects in the market, such as Moonbirds and Pudgy Penguins, are being concentrated bought by long-term holders and whale funds, leading to a reduction in supply and an increase in prices.
In May 2025, Orange Cap Games took over the Moonbirds brand and initiated a comprehensive reboot, revitalizing community engagement and increasing platform exposure, deepening interactions through social channels like Telegram and TikTok, and strengthening cultural values and community cohesion.
Based on the successful transformation experience of Pudgy Penguins, OCG combines physical card games with an online ecosystem to launch a diverse application and open IP strategy for Moonbirds NFT, allowing third-party creators to participate and giving NFTs richer vitality.
In June 2025, Moonbirds completed a $3.5 million seed round of financing, receiving support from several well-known institutions, continuously expanding the team and collaboration scale, enhancing execution capability and ecological integration, injecting new momentum into the market.
Moonbirds has strong brand assets and capital support, and is currently in the early stages of rebirth. In the future, it needs to continuously validate its business model and market acceptance in order to successfully replicate the transformation miracle of Pudic Penguin and drive the NFT ecosystem to recover.
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