Moonbirds NFT Sales Jump 2,525% After Orange Cap Games Acquires IP

This is also the most significant uptick in Moonbirds sales in recent months, signaling investor optimism after NFT company Yuga Labs sold the IP to Orange Cap Games.

On May 30, the game development studio announced that it had acquired the IP of Ethereum-based NFT collections Moonbirds, Mythics and Oddities from Yuga Labs. The acquisition marked a shift for the Moonbirds ecosystem, with Orange Cap Games taking creative and developmental control of the project.

Yuga Labs CEO Greg Solano said Moonbirds “deserve a team whose whole world is the birds.” The Yuga Labs executive expressed confidence that Orange Cap Games is the right steward to help Moonbirds achieve its potential.

Orange Cap Games is known for developing Vibes, a hybrid trading card game integrating physical and digital gameplay elements. The game features Pudgy Penguins IP, allowing players to collect and trade using cards in both the physical and digital worlds.

NFTs break downward trend in May

The Moonbirds sales uptick comes as digital collectibles showed a resurgence in May, breaking a downward trend throughout 2025.

NFT sales reached $476 million in May, up 27% compared to April. This marked the first monthly sales increase in 2025, after a five-month decline since December 2024.

The month also showed a significant uptick in unique NFT buyers, reaching 936,000. This figure shows a 50% increase compared to Aprils 622,000.