Here’s Why Moonbirds (BIRB) is Up 79% 24 Hours After Launch
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Moonbirds (BIRB), a newly launched token on the Solana blockchain, has emerged as one of the top gainers in the crypto market today. The token has surged by over 75% in the last 24 hours.
According to data from Coingecko, shortly after its launch, BIRB quickly captured market interest and hit an all-time high price of $0.46 just hours after launch. The token’s market cap also rose to $140 million.
Meanwhile, the token has slightly corrected and is currently trading at $0.3, with its market cap hovering around $89 million. The token’s trading volume, however, has continued to increase, currently sitting at over $150 million.
Exchange Listings Propel BIRB’s Surge
BIRB quickly secured listings across several major crypto exchanges. Binance was the first platform to feature the token on its Alpha platform.
Binance Alpha will be the first platform to feature Moonbirds (BIRB) on January 28.
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.
Please stay tuned to Binance’s official… pic.twitter.com/MRmAobzSwB
— Binance Wallet (@BinanceWallet) January 28, 2026
In addition to providing support for BIRB trading, Binance also launched an exclusive airdrop for eligible Binance Alpha users. To qualify for the airdrop, users must have at least 230 Binance Alpha points, which will allow them to claim 200 BIRB tokens.
Crypto exchange Bybit opened a 4 million BIRB prize pool for its users. To share in the prize, users must deposit and trade the token on Bybit’s trading platform.
Meanwhile, Bitget listed the token on its futures trading platform. The exchange also provides users with up to 20x leverage when trading BIRB, in addition to trading bots support. The token is also available for trading on Coinbase, OpenSea, Kucoin, Bitrue, and Crypto.com.
BIRB’s strategic listing on these major exchanges thrust it into the limelight. With the exposure offered by these platforms, investors’ interest in the token has surged.
Moonbirds Faces Backlash Over Airdrop Distribution
Despite the price surge, the project is facing backlash from its community over the BIRB airdrop distribution. Several community members expressed their displeasure with the airdrop allocation given to on-chain SBT holders, 3% of the total supply, compared to Binance Alpha, which received 12%.
Additionally, while Binance Alpha users have received their claims, Moonbirds’ community members are yet to receive theirs. This has raised confusion about the validity of the airdrop.
However, Spencer Gordon-Sand, the founder of Orange Cap Games, the company behind Moonbirds, explained that the team experienced some technical issues, hence the delay. He further assured community members that the team is working to resolve the issue.
Update on birb claim: The claim site is also nesting and birb game. In addition the NFTs and some SBTs are on ETH while the token is on SOL so its all very complex. Tech team is working on an issue, we think its resolved but still testing. Claim will go live soon(ish).
— Spencer (@spencer) January 29, 2026
About Moonbirds (BIRB)
Moonbirds (BIRB) is the newly-launched native token of the Moonbirds ecosystem, a popular Ethereum-based NFT project. Back in 2022, during the peak of the NFT rush, Moonbirds captured significant market interest by launching 1,000 pixelated owl NFTs.
Notably, when the momentum surrounding NFTs dwindled, the project faded into the background. However, the project was acquired by Orange Cap Games from Yuga Labs last year. When the company revealed its plans to launch the BIRB token, interest in Moonbirds exploded, coinciding with the resurgence of NFTs.
BIRB is designed to power the entire Moonbird ecosystem. With a supply cap of 1 billion tokens, BIRB serves as an in-game currency for tournament entry and marketplace transactions on the platform. The token will also be used for incentives and governance.
The post Here’s Why Moonbirds (BIRB) is Up 79% 24 Hours After Launch appeared first on CoinTab News.
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