| 400% Profit with QZinvest | 100 Unicoin Free for You | Claim your 1000 Free KST | Join Nexo and Get $25 in Bitcoin | LIVEGOOD Affiliate |
Prices of Donald Trump’s NFT Collection Plummet More Than 70% - WaheedCh | Where good Post find you

Prices of Donald Trump’s NFT Collection Plummet More Than 70%

  • The value and number of transactions using Trump NFTs continue to fall.
  • Those who purchased shares for $99 each still have a profit margin of 182%.

After a few days of being the center of crypto and social media attention due to former president Donald Trump’s NFT collection, the buzz around the digital collectable seems to have faded away. The NFT collection seems to be fighting for survival as the value and number of transactions using Trump NFTs continue to fall.


OpenSea, a marketplace for non-fungible tokens (NFTs), reports that the value of digital trading cards depicting Donald Trump has plummeted by 72% over the previous few days, after initially increasing by approximately 350%.

Interest Fading Away

According to statistics given by CryptoSlam, trade volume for Trump’s NFTs, which were built on the Ethereum scaling network Polygon, hit a record high on December 17. The volume increased to about $3.5 million at that time. Sales of Trump digital trading cards on the OpenSea website peaked at 6,661 on December 17 and have since dropped to only 529 on December 22 and 260 on December 23.


However, trade volume dropped by 57% to over $836,000 in ETH on Monday, with the average selling price dropping to around $466. As of December 24th, the value of one NFT has plummeted 72% to $0.23 ETH, or $280. Those who purchased shares for $99 each during the initial offering still have a respectable profit margin of 182%, though.

Donald Trump has said he would make a “big announcement” on his Truth Social website later this month. The declaration sparked rumors that he was considering a run for president in 2024, and many experts saw a connection between the two.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Waheedch.com. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.


Next Post Previous Post
No Comment
Add Comment
comment url



Buy solo ads - Udimi
close button