Introduction

Moonbirds are a set of 10,000 non-fungible tokens issued on Ethereum's network under the ERC-721 standard that took flight on April 16th, 2022. Moonbirds has a current floor price of 34 ETH (approximately $100,000) and has sold over $330 million worth of tokens since its April 16 launch, the highest of any NFT project in the previous 30 days.

Methodology

The dashboard here looks into the users who had bought and sold the Moonbird NFT over a period of time and sees the trend in the count of the users to answer if more people are joining the community.Hence by giving the constraint as the nft's contract address the users are aggregated for time from the Ethereum.core nft sales data.

This chart here gives an idea about the buyers over time in the Moon bird community.It is seen that the number of users are reducing over time.

The sellers of the Moon bird community are charted here.It is also seen that the count of users in the community is declining.

The trend of buyers and sellers follows the same trend over time.It is displayed that as buyers are fewer the sellers are also fewer.This can also be interpreted that as the number of sellers is low the new people cannot enter the community has lessened as the availability of the token is short.

The price fluctuation in the moon bird NFT is displayed here.The availability of the tokens matters in this context.Hence it can be confirmed that The number of the users in the NFT is reducing over time