Donald Trump NFT Collection Up 132% Amidst Expected Twitter Comeback

The 45th President of the United States, Donald Trump, announced today that he will be returning to Twitter and Facebook. Previously, the former president used these popular social media platforms to express his controversial opinions until he got a permanent ban. However, Elon Musk’s takeover of Twitter has put Mr. Trump’s comeback plans into full action, as Verified by CNBC News.

Half of Trump’s NFTs are closed

The controversial president’s NFT pool has disappeared On a dramatic roller coaster since its launch. First, it was mocked Saturday Night Live, which greatly contributed to spreading the word about it — for some, it’s a good laugh. But a lot of Trump creditors grabbed $99 Trump Card NFTs from the initial sale.

Interestingly, this raises a situation where 55% of all minted cards are locked in crypto wallets without any balance. In other words, more than half of the NFT supply of Trump Cards is held in crypto wallets with no balance. According to blockchain data on Polygon (MATIC), 20,696 NFTs are held in 9,108 unbalanced crypto wallets. In the end, most of these Trump Cards are closed for good, and are basically owned by people with little or no knowledge of the blockchain.

Both Trump NFT pools are rising at the same time

Donald Trump’s ambitious plan to make Twitter cool again has been followed by great enthusiasm from NFT aficionados. According to the cryptographic data collector Queen GekkoTrump (TRUMP) NFT Digital Trading Card Collection rose 88% Right after the Twitter comeback news.

At the time of publication, the base NFT price for one of Donald Trump’s NFTs is 0.3736 Ethereum (ETH). After surging 132% in a single day, the NFT’s confusing batch of embarrassing stock photos from the controversial billionaire generated 311.42 ETH in 24-hour trading volume.

Moreover, both TRUMP’s original NFTs and Win Trump Prizes, the newly launched lottery version of the same pool, are trending open c At the same time. The original NFT pool of Trump Cards is up 5,776.63% in the last 24 hours with 940 sell-offs.

The group jumped by a whopping 4340.94%, outperforming other popular Polygon (MATIC) NFT groups such as The Sandbox, The Smurfs’ Society, and Sunflower Land Collectibles, only to lag behind Trump’s other NFT group.

Unlike the stock images seen in the first project, the popular Win Trump Prizes NFT collection Platters of NFT tickets For a dinner party with the same guy while also having the opportunity to join Don remotely on a Zoom call.

NFT projects associated with public figures often reach a high level of retail adoption.

Source link

Related Posts