Cryptocurrency

President Trump NFTs floor price crashed 58% after ‘Series 2’ launch

Former President Donald Trump’s lowest NFT price has dropped 58% in the past 24 hours to 0.183 ETH (about $382) after unveiling his second collection on April 18.

According to Cryptoslam datathe first collection involved 1,210 sales transactions, whose transaction volume surged 889% to $379,819 in the last 24 hours.

On the other hand, OpenSea data Indicated With 1,503 digital asset sales, sales increased by 188% to 296 ETH during the reporting period.

Source: OpenSea

President Trump’s New Collection

President Trump’s new collection “Series 2” includes 47,000 NFTs minted on the Polygon blockchain and priced at $99 each.Officially the collection is sold out website.

President Trump Said He chose to keep the “trading card price the same as last time” but could have raised it “much higher.” According to Trump, he decided against this because he “doesn’t get credit for being a nice guy.”

according to available datathe former president made up to $1 million from sales of his first collection.

The Series 2 collection depicts the former president as George Washington, a golden king chess piece with a globe and American flag, a card game king of hearts and a rock star.

Like the first iteration, the second collection incentivizes buyers by promising a gala dinner at the President’s Mar-a-Lago residence. However, this offer is only available to owners who have purchased 47 Digital Trading Cards.

On the other hand, the new collection is not owned, controlled, or controlled by Trump, his company, or any of their affiliates. None,” he adds.

After the “Series 2” launch first appeared on CryptoSlate, the lowest post-Trump NFT price plummeted by 58%.

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