Moonbirds Collection ($MBIRD) Unique Market Forecast: Up 5.1% Today

What is Moonbirds Collection?

MBIRD, a mysterious asset, experienced a strong bullish movement today.

Why is Moonbirds Collection going up?

MBIRD unique market is up 5.1% on Aug 7, 2023 10:00

• The overall state of the Metaverse market showed a decline in VRE market cap for the 10 projects on OneLand.
• The global NFT market cap held relatively steady for the week.
• Somnium Space's V3 update led to a surge in land parcel sales and increased trading volumes.
• Otherdeed prices continued to slide, while sales numbers and trading volumes at Otherside mirrored the current NFT market.
• Possible reasons for the bullish movement:
• The surge in land parcel sales and increased trading volumes in Somnium Space following its V3 update could have generated positive sentiment for the overall Metaverse market.
• The steady global NFT market cap despite the decline in VRE market cap suggests resilience in the NFT market, which could have attracted investors to MBIRD.
• The decline in Otherdeed prices and sales numbers at Otherside may have prompted investors to seek alternative assets like MBIRD.
• In conclusion, the bullish movement in MBIRD could be attributed to the positive developments in the Metaverse market, particularly the success of Somnium Space's V3 update and the resilience of the NFT market. Investors may have been drawn to MBIRD as an alternative asset amidst the decline in Otherdeed prices and sales at Otherside.

MBIRD News

OneLand Metaverse Market Analysis: July 31 – Aug 6

Welcome to Metaverse Market Analysis! Every Monday we bring you the latest stats and data on the overall state of the Metaverse market. This column is in partnership with the incredible team from OneLand, a financial platform for virtual lands in the Metaverse. This week brings the OneLand Metaverse Market Analysis stats for July 31 – Aug 6. Stake your TheSandbox LAND & earn 3.29%* APY. Stake your $SAND & earn 9.33%* APY (*8.7.2023) 7-day data shows VRE market cap for the 10 projects on OneLand falling for an 11th straight week, this time by 0.8% to 662,614 ETH (or -2.58% to $1.211 billion). Notably, none of the 10 projects’ land caps were in the green. Overall global NFT market cap (down 21.6% since this time in June) held relatively steady for the week, down 0.32% at 3.09 million ETH. Meanwhile, $ETH’s price fell 1.85% to $1,827.24. Meta Rankings – VRE Market Cap (7D) Trading volumes were a mixed bag, with Decentraland (+40.5%) enjoying a little more activity than in recent weeks, while there were also minimal increases for The Sandbox, Worldwide Webb and Treeverse. Last week, Somnium Space’s massive V3 update caused a flurry of Land Parcel sales (+650% for the week), notably 10 on Thursday (albeit seemingly all from the same buyer?) – its highest daily sales count since April 2022! 7-day volume thus soared (+391.5% to 10.59 ETH), while its native token $CUBE also enjoyed a rise (+7.56%) regardless that most other crypto and metaverse tokens (incl. $ETH, $MANA, $SAND & $APEcoin) fell. Somnium Space’s V3 Update led to its largest daily sales count of land parcels in 15 months. The average price of an Otherdeed continues to slide, this week falling below the 1 ETH mark (-13.17%) approx. half of its value just 2 months back. Sales numbers and trading volumes at Otherside mirror the current NFT market, its top sale this week just 8.99 ETH. Meanwhile, average weekly top sales have plunged from 103 ETH in May, to 19.13 ETH in June, then 10.1 ETH in July. Prices at Otherside have been on a rocky spiral downwards since launch. Will they hit a bottom? For explanations of our data calculations, check docs.oneland.world/. For metaverse market and project data, check oneland.world. — OneLand is a 1-stop MetaHub — providing Metaverse data & analytics, Land NFT marketplace, LandFi tools and Metaverse MediaHub. Our mission is to make it easy to discover, access, stay tuned to, research and invest in the metaverse projects you love most. Connect with us on Twitter Want more? Connect with NFT Plazas Join the Weekly Newsletter Follow us on Twitter Like us on Facebook Follow us on Instagram *All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment. The post OneLand Metaverse Market Analysis: July 31 – Aug 6 appeared first on NFT Plazas.

https://nftplazas.com/metaverse-market-analysis-july-31/

Zuck v. Musk and Other Famous Feuds in Web3 History

In such a turbulent world dominated by strong personalities and potentially large sums of speculative cash flying around, it’s perhaps to be expected that high-profile feuds and fights will develop.

https://decrypt.co/resources/zuck-v-musk-and-other-famous-feuds-in-web3-history

Join Copenhagen Fashion Week in the Metaverse!

Metaverse fashion comes to Scandinavia! Copenhagen Fashion Week, the premier fashion event in Scandinavia, has partnered with luxury mobile style game Drest to enhance its programming with digital elements. Starting Monday, August 8th and running through Saturday, August 12th, fans of Copenhagen Fashion Week can style avatars and create streetwear outfits in Drest through a series of daily in-game challenges. Here’s what you can expect from CFV 2023! TL;DR: Copenhagen Fashion Week collaborates with Drest for metaverse fashion challenges. Drest raised $19.1 million to explore Web3 potential with luxury brands. Drest plans to introduce new metaverse features and customizable avatars.

https://nftevening.com/join-copenhagen-fashion-week-in-the-metaverse/

Huobi Crypto Exchange Grapples with Rumors of Insolvency Amidst Hefty Outflows

Crypto analyst Adam Cochran dismissed claims by the company's community manager that his information "has been pure rumors."

https://decrypt.co/151535/huobi-insolvency-police-rumors-adam-cochran-justin-sun

Art Blocks and Bright Moments Collaborate for the Second Time With ‘923 Empty Rooms’

Art Blocks and Bright Moments have revealed their second collaboration project, 923 Empty Rooms by Casey Reas. This new artwork builds upon Reas’ previous work, An Empty Room. To clarify, ‘An Empty Room’ was commissioned by the Los Angeles County Museum of Art (LACMA) in 2023. The work explores simulation, visual representation, and abstraction. Further, the project delves into kinetic art and a “binary plastic language,” while also touching on the history of perspective and cubism. Let’s take a look at the new collection from Casey Reas. ‘Tokyo’

https://nftevening.com/art-blocks-and-bright-moments-collaborate-for-the-second-time-with-923-empty-rooms/

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Moonbirds Collection Price History