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Donald Trump ‘Series 2’ NFTs floor price crumbles more than 10% below purchase price


Apr, 22, 2023
1 min read
by CryptoSlate
Donald Trump ‘Series 2’ NFTs floor price crumbles more than 10% below purchase price

Former U.S. President Donald Trump’s non-fungible token (NFT)  second collection has crumbled more than 10% below the purchase price of $99 — currently with a floor price of roughly $88 at press time.

According to OpenSea analytical data, the floor price rapidly crumbled on April 19 and currently sits at 0.0468 Ethereum (ETH) — worth roughly $87.84.

Source: OpenSea
Source: OpenSea

OpenSea data also showed that the NFTs had seen 14,755 sales on April 22, with a volume of 1037 ETH — worth roughly $1.9 million.Volume has fallen significantly over the last five days — falling to just 25.49 ETH on April 22, from 482 ETH in volume on April 18.

Source: OpenSea
Source: OpenSea

The ‘Trump Dump Effect’

Peaking out of the gates at around 0.2 ETH — worth roughly $375 — the announcement of Trump’s Series 2 NFT collection caused Series 1 to crash 58% by April 19.

As of April 22, the floor price of Trump’s first NFT collection is down 64% —at 0.14 ETH at of press time.

The ‘Trump Pump Effect’?

On the flip side of the crumbling floor price, the first collection’s sales are up almost 500% at 1779 paired with a volume of 284 ETH — up over 150%.

The bulk of the first collections sales and volume can be seen below, mainly concentrated on April 18 — coinciding with the announcement of ‘Series 2’.

Source: OpenSea
Source: OpenSea

Meanwhile, the fall in floor price of both Trump NFT digital asset collections also coincides with Bitcoin (BTC) price crashing to $27,300 — amid liquidations reaching almost $200 million.

The post Donald Trump ‘Series 2’ NFTs floor price crumbles more than 10% below purchase price appeared first on CryptoSlate.

Read the article at CryptoSlate

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CryptoRankNewsDonald Trump...

Donald Trump ‘Series 2’ NFTs floor price crumbles more than 10% below purchase price


Apr, 22, 2023
1 min read
by CryptoSlate
Donald Trump ‘Series 2’ NFTs floor price crumbles more than 10% below purchase price

Former U.S. President Donald Trump’s non-fungible token (NFT)  second collection has crumbled more than 10% below the purchase price of $99 — currently with a floor price of roughly $88 at press time.

According to OpenSea analytical data, the floor price rapidly crumbled on April 19 and currently sits at 0.0468 Ethereum (ETH) — worth roughly $87.84.

Source: OpenSea
Source: OpenSea

OpenSea data also showed that the NFTs had seen 14,755 sales on April 22, with a volume of 1037 ETH — worth roughly $1.9 million.Volume has fallen significantly over the last five days — falling to just 25.49 ETH on April 22, from 482 ETH in volume on April 18.

Source: OpenSea
Source: OpenSea

The ‘Trump Dump Effect’

Peaking out of the gates at around 0.2 ETH — worth roughly $375 — the announcement of Trump’s Series 2 NFT collection caused Series 1 to crash 58% by April 19.

As of April 22, the floor price of Trump’s first NFT collection is down 64% —at 0.14 ETH at of press time.

The ‘Trump Pump Effect’?

On the flip side of the crumbling floor price, the first collection’s sales are up almost 500% at 1779 paired with a volume of 284 ETH — up over 150%.

The bulk of the first collections sales and volume can be seen below, mainly concentrated on April 18 — coinciding with the announcement of ‘Series 2’.

Source: OpenSea
Source: OpenSea

Meanwhile, the fall in floor price of both Trump NFT digital asset collections also coincides with Bitcoin (BTC) price crashing to $27,300 — amid liquidations reaching almost $200 million.

The post Donald Trump ‘Series 2’ NFTs floor price crumbles more than 10% below purchase price appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

Will Pixelmon shake off its ‘worst NFT project ever’ tag?

Will Pixelmon’s overhaul turn things around for the better or the worse?
Mar, 26, 2024
by AMBCrypto

NFT market bleeds as BAYC, CryptoPunks fall: What now?

NFT traders have taken advantage of the decline in the floor prices of top NFT collec...
Mar, 26, 2024
by AMBCrypto