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...
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.
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.
The ‘Trump Dump Effect’
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’.