After rising to a high of 0.79 ether on December 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have lost value considerably over the past 12 days. As of December 29, 2022, Trump’s NFT collection has a minimum value of 0.15 ethers, which is approximately 81% lower than the minimum value highs recorded last week.
Trump digital collectibles significantly decline in value since launch, after viewing art Trump was pleased with his 30-inch waist
The 45th President of the United States, Donald Trump, recently launched 45,000 non-fungible tokens (NFTs) and during the first day of the sale, each NFT sold for $99 per unit. Trump’s NFTs it began trading on secondary NFT markets on December 15, 2022 and had a minimum value of around 0.1 ether or around $125 for the cheapest Trump NFTs. Two days later, Bitcoin.com News reported on how Trump’s NFTs it shot itself in value after being mocked by a large number of left-wing political commentators.
On the same day, December 17, 2022, the Trump NFT price floor jumped to an all-time high of around 0.79 ether or around $940 per unit. according to statistics from the leading NFT marketplace, Opensea. However, since then, Trump’s NFT collection has seen its minimum price drop to as low as 0.15 ether ($180), which is 8.54% lower than the minimum values recorded 24 hours ago. The metrics indicate that on December 29, 2022, 9% o 3,864 Trump NFTs are listed on Opensea and in total there are approximately 15,083 unique Trump NFT card holders.
9,801 of those sole proprietors have only one Trump NFT in their wallet, while 2,556 own at least two Trump NFTs. 79 homeowners have about 45 Trump NFTs, which means they’ll get an invite to Trump’s gala dinner in South Florida, at least according to the terms of service agreement in the collecttrumpcards.com website. Four owners have 60 Trump Collection NFTs and seven wallets have 100 Trump NFTs. There is also an owner with approximately 1,000 Trump NFTs in his wallet.
Trump told reporters last week that his NFT collection was not about making money and was more about art and a trimmed waist. “Well, I didn’t know anything about [the NFTs] And then a group came, and I loved the art,” Trump said. NAO. “You know, it’s kind of comic book art when you think about it, but they showed me the art and I was like, geez, I always wanted to have a 30-inch waist.” The former US president added:
i heard someone [once say] It was the investment of the year. I didn’t see it as an investment. I thought they were cute. These visions are very beautiful. [and] interesting.
Since Trump’s digital trading cards entered secondary sales markets, Opensea details 7,720 ether or $9.2 million in sales volume to date. Additionally, on-chain tracking data via the Telegram group “Onchain Intrigue” shows that the “Trump NFT admin” wallet moved 128 wrapped ether (WETH) worth over $153K to six different Polygon wallets on 28th of December 2022. Trump said that the digital cards were expected to sell out in about six months, but the sale turned out to be much faster.
“Wow, that’s pretty cute,” Trump said of his own NFT collection ahead of the sale. “That could sell, that could sell. They thought it would be sold in six months, it was sold in six hours,” added the former US president.
What do you think about Trump’s ‘kind of cute’ NFT cards and their performance in the market since the 45,000 NFT collection launched? Let us know what you think about this topic in the comments section below.
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