According to a ChainCatcher report, the NFT project Moonbirds has launched its native token BIRB on Solana. CoinGecko data shows that the token's price increased by nearly 70% within the first few hours of trading. Its fully diluted valuation (FDV) is now close to $300 million, with a market cap of approximately $80 million. Currently, on Polymarket, prediction events for the FDV level one day after the token's launch show a 64% probability for a $200 million valuation and only a 22% probability for a $300 million valuation.
NFT Project Moonbirds Launches BIRB Token on Solana with FDV Near $300M
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Summary
Moonbirds has launched its BIRB token on Solana, with on-chain data showing a nearly 70% price surge in the first hours of trading. The token's FDV is near $300 million, while the current market cap sits at around $80 million. On-chain analysis from Polymarket indicates a 64% probability of FDV hitting $200 million within a day, but only 22% for reaching $300 million.
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