**Bulleted Summary:**
– NFT behemoth, Yuga Labs, has smoothly bagged another NFT group, PROOF, renowned for its Moonbirds, Oddities, Mythics, and Grails collections.
– CEO of PROOF, Kevin Rose, will now wield his genius as an adviser in Yuga.
– Nonetheless, some eagle-eyed folks have observed a strange surge in the volume of Moonbirds sales – a whopping $1.3 million daily transaction, just a day or two before the tectonic announcement. It was like a pre-finale fireworks!
– This bizarre hike in sales continued, climbing the ladder to reach $1.5 million on Feb. 15th. Even the collection’s floor price seems to have caught the elevator along with the deal, as per information from DappRadar.
Hot Take
So, let me spill the tea, crypto gossipers. NFT titan Yuga Labs played a masterstroke and snatched PROOF, bringing all its toys and even the boss under its empire. But surprise, surprise! Looks like some folks had time machines, as Moonbirds’ sales blasted before the thunder was even heard. Sudden rise in Moonbirds’ sales volume just before the great announcement has started a game of connect the dots. Maybe insider trading, maybe an alien invasion, who knows? In the NFT world, expect the unexpected. Stealing adviser Kevin Rose is getting less attention than it should due to this crypto whodunit! Buckle up folks, because where we’re going, we don’t need roads (only blockchains)!
#YugaLabs #PROOF #NFTsMystery #ToTheMoonbirds
Relevant Tags:
#Cryptocurrency #NFT #Blockchain #YugaLabs #InsiderTrading?
Original article: https://cointelegraph.com/news/what-happened-in-crypto-on-the-weekend