Analyze The Unique Buyers and Sellers On Moon Bird Community

In this article, we aim see the new buyers and sellers on the Moon Birds community.And also find the unique buyers and sellers over a period of time.

The Moonbirds NFTs are cartoon owls created through digital art. The NFT community is stunned by them, and huge sales are not unusual in this space.  According to crypto data, a collection of 10,000 non-fungible pixelated-bird tokens has become the top NFT collection after two days on the market. The collection, called Moonbirds, already ranks among the world’s most successful NFT collections, including Azuki, Bored Ape Yacht Club, and CryptoPunks. 

On April 16, the Moonbirds token sale began and sold out for 2.5 ETH. After less than four days on OpenSea, the project has raked in over $11 million in royalties from almost $250 million worth of secondary sales.As of this writing, Moonbirds has sold more than 75,000 ETH.  This project, the first official PFP NFT collection from Proof Collective.

We can see in the following graph how many new buyers and sellers have joined Moon bird community. The total number of new sellers between April 16, 2022 and May 5, 2022 was 5.27K. In April 16, 2022, there were a maximum of 2.96K new sellers. Thus, there were a greater number of sellers initially than later. The number of new sellers has decreased.New buyers between April 16, 2022 and May 5, 2022 totaled 3.85K.  Maximum New Buyers of 2.02K were observed on April 16, 2022, and minimum New Buyers of 13 were observed on May 4, 2022. Initially, there were more buyers, but later they decreased by almost 99%. New Buyers shows a downward trend.

Moon bird community shows the cumulative number of new buyers and sellers.  Among the sellers they reached are 5269, and among the buyers they reach 3847. The number of sellers is greater than the number of buyers.

We can see in the following graph how many unique buyers and sellers have joined Moon bird community and their sales from beginning to so far.A total of 5,806 unique sellers were registered in the period April 16, 2022 to May 5, 2022. In April 16, 2022, the maximum number of sellers was 2,964.   The total number of buyers between April 16, 2022 and May 5, 2022 was 4744.  The highest number of buyers observed on April 16, 2022 was 2,016. The number of unique buyers and sellers is steadily decreasing.If we look at the Total Sales between April 16, 2022 and May 5, 2022, they were $6,590. The highest sales occurred on April 16, 2022 with $3,347.  If we compare the beginning to recent, the total sales decreased by almost 100%. A downward trend in sales can be seen

Following the above analysis, we can conclude that more unique sellers, unique buyers, and new sellers and new buyers were found in the first two days after the launch of Moonbird NFTs. This means that more than 70 percent of the Moon bird Community sales occurred in the first two days. Afterwards, we can see that the rate of sales drops significantly. In fact, it drops by almost 100%.  There might be a reason for this since the NFTs have been launched on Moon Bird and almost completed.

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