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Moonbirds is an Ethereum-based $NFT project launched in April 2022 by PROOF Collective that introduced $BIRB, a memecoin on Solana, on January 28, 2025. Unlike anonymous memecoins that rely purely on hype, $BIRB connects to an established $NFT brand with an existing community.
The token launched at around $0.20 and rallied above $0.35 within hours, currently trading near $0.21, representing a 35% increase from its opening price.
$BIRB has a fully diluted value of approximately $219.755 million and a market capitalization of $75.85 million based on its current price and 1 billion token supply. The project was acquired by Orange Cap Games (OCG), which aims to bridge crypto culture with mainstream consumer products through physical collectibles like Vibes TCG cards.
How Does $BIRB Token Work?
$BIRB operates across multiple blockchain networks. The original Moonbirds NFTs exist on Ethereum, while the $BIRB token trades on Solana for lower transaction costs and faster execution. The project also integrates with TON for Telegram-based engagement, including $1.4 million in sticker sales during 2025.
The token functions as an ecosystem asset rather than a purely speculative memecoin. Holders can participate in governance decisions and access exclusive features within the Moonbirds ecosystem. The project uses soulbound tokens, which are non-transferable tokens that reward participation in specific campaigns such as Jupiter DEX usage or Meteora liquidity provision.
OCG leverages partnerships with established companies to distribute Moonbirds intellectual property. The company works with Asmodee, the third-largest toy distributor globally, and PSA, a grading authority for collectibles. These partnerships enable the project to embed crypto-native IP into traditional retail markets while generating revenue to fund further expansion.
What Is Nesting 2.0?
Nesting 2.0 is the reward mechanism that links Moonbirds NFTs to $BIRB token distribution over 24 months. The system allows $NFT holders to deposit their assets into the nesting protocol without completely freezing them on marketplaces.
When an $NFT enters the nesting protocol, a soulbound representation is issued while the original $NFT remains nested. Moonbirds, Mythics, and Oddities NFTs are all eligible for the program. This design preserves some flexibility for holders while still requiring long-term commitment.
How Rewards Are Distributed
$BIRB rewards follow a predictable monthly schedule rather than a single airdrop event. Claims occur once per month on the 28th, with each month unlocking 1/24 of the total allocation. Partial-month participation is calculated on a pro-rata basis.
A no-rush window ensures early participants are not penalized for timing differences. This structure encourages long-term alignment instead of short-term farming behavior, though some community members debate whether the design fully prevents extractive strategies.
$BIRB Tokenomics Structure
The total supply is fixed at 1 billion $BIRB tokens with the following allocation:
- Community allocation: 65% of supply (including 27% for holder rewards, 12% for ecosystem partners, 10% for value chain incentives, 8% for liquidity, and 8% for innovation)
- Investors and advisors: 25%
- Team allocation: 10%
The innovation bucket serves as a strategic reserve dedicated to future ecosystem development. The majority of tokens are distributed over time through vesting schedules rather than upfront, which aims to reduce immediate selling pressure.
Coinbase Listing Provides Exchange Validation
Coinbase announced on March 15, 2025, that it would list $BIRB, providing institutional-grade trading infrastructure for the token. The exchange recently announced Perpetual futures trading for Moonbirds $BIRB. The listing supports the Ethereum ERC-20 token standard and was initially launched on Coinbase Advanced Trade with $BIRB/USD and $BIRB/USDC trading pairs.
The exchange implemented standard security protocols including comprehensive smart contract audits. $BIRB underwent multiple security reviews by independent firms including CertiK and OpenZeppelin before the listing. Coinbase's engineering team conducted additional internal reviews before approval.
The listing occurred during renewed institutional interest in digital collectibles, with several major financial institutions exploring $NFT-related investment products. Competing exchanges including Kraken and Binance have progressively added $NFT ecosystem tokens throughout 2024.
$BIRB Price Action: Technical Chart Analysis
The $BIRB price chart reveals a classic memecoin launch pattern with extreme volatility during its first 48 hours of trading. The token opened around $0.19 on January 28 and immediately entered a sharp upward trajectory.
Launch Day Spike And Peak
$BIRB reached an intraday high of approximately $0.48 within hours of launch, representing a 152% surge from its opening price. This parabolic move created a long green candlestick with minimal lower wick, indicating strong buying pressure and FOMO-driven accumulation. The peak occurred around the $0.48 to $0.50 range before sellers entered the market.
Post-Peak Decline And Consolidation
Following the spike, $BIRB entered a steady decline characterized by consistent selling pressure. The chart shows a series of red candlesticks forming lower highs and lower lows, typical of profit-taking behavior after a memecoin launch pump. By January 29, the price had retraced to around $0.35, giving back approximately 27% from the peak.
The decline continued into January 30, with the token testing support levels near the original launch price. Current trading shows $BIRB at $0.2225, representing a 54% decline from the $0.48 high but holding slightly above the $0.20 launch level.
Volume And Volatility Patterns
The chart displays high volatility during the initial spike, with wide candlestick ranges indicating significant intraday price swings. As the token declined, candlestick ranges narrowed slightly, suggesting decreasing volatility as the market finds equilibrium. The current consolidation around $0.22 could represent either a temporary support level before further decline or a base for potential recovery.
Conclusion
Moonbirds $BIRB combines a memecoin with an established $NFT brand and traditional consumer product distribution. The token operates on Solana with a 1 billion supply, 65% allocated to the community through vesting schedules. Nesting 2.0 distributes rewards over 24 months through monthly claims, while partnerships with Asmodee and PSA enable retail distribution of physical collectibles. Coinbase listing provides institutional trading infrastructure following security audits by CertiK and OpenZeppelin.
Resources
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Moonbirds X platform: Posts (January, 2026)
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Moonbirds website: General info
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Moonbirds $BIRB tokenomics: About $BIRB allocation
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$BIRB on CoinMarketCap: $BIRB price action
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