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Moonbirds, the once elite \u2018blue chip\u2019 NFT collection by Kevin Rose and the prestigious PROOF COLLECTIVE is struggling. In a recent Twitter space, Rose addressed recent FUD. He also added that The Bored Ape Yacht Club is down more than Moonbirds. This saga was met with community backlash. Here\u2019s everything you need to know.<\/p>\n

TL;DR<\/strong><\/p>\n

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• Moonbirds, the NFT collection by Kevin Rose\u2019s PROOF COLLECTIVE, is facing significant struggles and community backlash, with its floor price dropping significantly.<\/li>\n
• Kevin Rose attempted to address the FUD in a Twitter space, but his statement comparing Moonbirds to The Bored Ape Yacht Club received backlash and fueled more skepticism.<\/li>\n
• Moonbirds has a history of controversial events, including team members purchasing tokens, celebrity endorsements, overpromising and underdelivering, and underwhelming utility releases. The community\u2019s frustration has grown, and major figures in the NFT space are publicly expressing their concerns. The future of Moonbirds remains uncertain.<\/li>\n<\/ul>\n