MoonCats are a rare breed in the NFT world, originating in 2017. As one of the earliest NFT projects on Ethereum, their scarcity and historical relevance have driven a resurgence in value. These pixelated feline characters come in various colors and designs, offering collectors unique digital pets.
MoonCats were initially rediscovered in 2021 when collectors realized that unminted MoonCats still existed on the blockchain, creating a treasure hunt for remaining supply. With a total supply of 25,440, MoonCats have a fixed scarcity, adding to their allure.
What makes MoonCats particularly interesting is their decentralization and community involvement. The original creators handed over control of the project to the community, creating an autonomous system where decisions are made collectively.
In the NFT market, historical significance has often driven prices higher. MoonCats, being one of the oldest Ethereum NFTs, play directly into this trend, making them a desirable digital asset for collectors and investors alike. As NFT projects continue to rise and fall, MoonCats remain a stronghold due to their historical prestige.
For those considering entering the NFT space, MoonCats offer a relatively affordable entry compared to newer, flashier projects, with the added bonus of holding a piece of digital history.