The post Moonbirds jumps 94% in 2 days – Can BIRB replicate PENGU’s $1B run? appeared on BitcoinEthereumNews.com.

NFT communities are progressively reviving their tokens in the memecoin sector. This type of coin seems to be pretty much succeeding in crypto, as it combines utility with meme-driven culture. Recently, Moonbirds NFT followed this path. However, it remains to be known if the memecoin can replicate the similar success as that of Pudgy Penguins [PENGU]. Will Moonbirds mirror PENGU’s success? As the first of the year closed, Moonbirds NFT revived their collection with the launch of BIRB memecoin. Moonbirds NFT revived their collection of 10,000 Owl PFPs, now focusing on governance, staking, and rewards to enhance the memecoin’s utility. As per data from CoinGecko, BIRB surged over 83% upon listing on the Upbit exchange, Asia’s biggest crypto exchange. Others, such as Bithumb, followed the listing. Another 11% extended this rally in the past 24 hours, bringing BIRB’s two-day total price gains to 94%. Source: CoinGecko Upon listing, the market cap jumped to over $200 million while volume surpassed $60 million. That said, BIRB seemed to be on a similar trajectory as that of PENGU. PENGU emerged from a similar approach and went on to surpass a cap of $1 billion, though it has since retraced to around $475 million at the time of writing. However, its community needs to be as strong as that of PENGU to achieve similar success. On-chain and numerical data could offer insights if this were possible, especially with the fact that markets were weak. Is the timing wrong, or will the memecoin beat the broader market sentiment? Smart money accumulation activity intensifies Just a week after the launch, the memecoin is catching the attention of the smart money. StalkChain’s data revealed that this lot acquired more than $191K, making it the most bought token over the past 24 hours. Source: StalkChain This amount was…

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Filed under: News - @ February 5, 2026 6:27 am