POLY
by BSC News
August 24, 2023
The Polygon-based Trump Digital Trading Cards increased to a floor price of over 0.13 ETH, having gained 16% in the last 7 days.
Summary
Prices and trading volume for Donald Trump's NFT collections recently skyrocketed following an X (formerly Twitter) interview with media figure Tucker Carlson, achieving a staggering 110 million views in a matter of hours.
Built on Polygon, the Trump Digital Trading Cards surged from last week’s floor price of 0.1 ETH (about $166) to over 0.13 ETH. As of publication time, the NFT collection currently sits at a price of 0.1369 ETH (approximately $227), having gained 16% in the last 7 days, per data from the popular NFT Marketplace, OpenSea. Notably, the collection’s trading volume has impressively surpassed 17 ether.
Launched in December 2022, the collection comprises an impressive 45,000 fantasy cards, each originally priced at $99, showcasing captivating images of the former president in a style reminiscent of collectible baseball cards. As of writing, the collection boasts 13,955 unique holders.
Owners of these unique digital trading cards are automatically included in a "sweepstakes," offering the chance to partake in exclusive "experiences" with Trump. These experiences range from immersive Zoom calls to gala dinners in the vibrant city of Miami, and even exclusive cocktail hours at the esteemed Mar-a-Lago estate.
In mid-August, Arkham Intel revealed the wallet address of the former president and leading Republican candidate for the 2024 elections, amounting to $2.8 million, with reports of an additional $4.87 million earned in licensing fees from his NFT collection.
However, in line with the general market sentiment, Trump’s NFT collection has experienced a steady decline in value, having dropped over 50% from a peak of over 0.2 ETH in May.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
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