Donald Trump disguises himself as a superhero in an NFT!

Last week, there was only one topic that had the crypto universe captivating, the launch of Donald Trump’s first NFT collection. This event logically made the headlines of the press, television and Twitter included. This media hype allowed the NFT collection of the former American president to experience a spectacular jump at the end of the week. Except that the media craze around these collectible cards has since calmed down and the price, as well as the volume of transactions, has fallen by almost 70%.

Donald Trump’s NFTs down 70%

Donald Trump’s NFT collection evolves up and down

The outgoing President of the United States digital trading cards, donald trump, continue to fill the crypto news. A few days after a promoter debut and strong media interest, things calmed down a bit. As a reminder, these collectible cards from the challenger of Joe Biden for the US Presidency in 2020 are minted on the Ethereum Polygon scaling network. The figures recorded on last Saturday alone show a volume of exchange going beyond $3.5 million in terms of transactions.

In the aftermath, the selling price continued to rise. To the point where, until Sunday, each trading card had an average value of $680, although total volume dropped to $1.95 million on that day alone.

Also, the week didn’t start well for Trump’s NFTs. There was a fall on Monday of 57% of trading volume. Clearly, the total volume regressed to stagnate at $836,000 worth of ETH. Currently, the cheapest Trump NFT on OpenSea is 0.21 ETH, which equals $255.

Enticing NFT buyers was the promise of a one-on-one dinner with Trump. The project itself has had a mixed reception even within the Trump clan. But in just 24 hours, the project was a great success. The proof, he now accumulates 9 million dollars in secondary trades. However, the Trump NFT is down 70% when measured in dollars since Monday.

Conclusion

In short, last Thursday, former US President Donald Trump officially launched his NFTs. Immediately he was successful. This, despite the taunts of many detractors. Past media euphoria is now back to reality with a 70% drop. His NFTs rank only 10th best-selling project trading card on CryptoSlam in 24 hours.

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