Moonbirds Announces BIRB Token Launch and Coinbase Futures Listing

Moonbirds, the high‑profile non‑fungible token (NFT) project managed by Orange Cap Games, has recently unveiled its utility token, $BIRB. The token was introduced on the Solana blockchain on 28 January 2026, and the project announced a full‑scale tokenomics model that allocates only 25 % of the supply to the NFT ecosystem.

Rapid Market Response

Within minutes of its release, the $BIRB token experienced a surge of over 100 %. The launch coincided with a dramatic 30 % decline in the floor price of Moonbirds NFTs, reflecting the market’s swift adjustment to the new tokenomics. According to data from thedefiant.io, the drop in NFT floor values was the largest single‑day slide observed for the collection since its inception.

Coinbase Futures Listing

Coinbase, the largest U.S. cryptocurrency exchange, announced that it will add $BIRB to its futures trading platform. The announcement, made by cryptopanic.com, came a few minutes after the token’s initial launch. While the listing represents a significant milestone for Moonbirds, the exchange’s statement emphasized that it is not investment advice.

The futures listing is expected to increase liquidity for $BIRB, potentially attracting institutional traders who prefer derivative exposure. It also signals that the token has met Coinbase’s compliance and technical requirements for futures products.

Tokenomics Snapshot

  • Total Supply: Unspecified in the public announcement, but the model allocates a modest portion to the NFT holders.
  • Allocation to NFTs: 25 % of the total supply will be distributed to existing Moonbirds NFT owners.
  • Utility and Governance: The token is positioned as a utility token for the Moonbirds ecosystem, with potential governance functions and staking incentives hinted at in early communications.
  • Price Target: No explicit price target has been disclosed; the token’s market value remains in the sub‑micro‑USD range, with a close price of $1.1 × 10⁻¹³ USD on 27 January 2026.

Broader Market Context

The announcement arrived amid a relatively calm macro environment. Traders were awaiting the Federal Reserve’s decision on interest rates, expected to be unchanged between 3.5 % and 3.75 %. Volatility indices across the crypto market remained muted, with the Volmex one‑day implied volatility for Bitcoin hovering near 40 % on average, implying a 24‑hour price swing of roughly 2 %. Bitcoin itself had recently topped $89,000 after a recovery from weekend lows near $86,000.

While the Fed’s stance could influence overall risk appetite, the Moonbirds announcement has attracted attention independent of macro fundamentals. The swift price reaction and the upcoming Coinbase futures listing suggest that market participants view the token as a notable addition to the broader altcoin landscape.

The Moonbirds community and investors will closely monitor how the $BIRB token’s distribution to NFT holders plays out over the coming weeks and whether the liquidity boost from Coinbase’s futures listing translates into sustained price support.