{"id":15140,"date":"2022-12-24T19:06:49","date_gmt":"2022-12-24T19:06:49","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/24\/donald-trump-nfts-see-major-price-drop-heading-towards-zero\/"},"modified":"2022-12-24T19:06:49","modified_gmt":"2022-12-24T19:06:49","slug":"donald-trump-nfts-see-major-price-drop-heading-towards-zero","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/24\/donald-trump-nfts-see-major-price-drop-heading-towards-zero\/","title":{"rendered":"Donald Trump NFTs See Major Price Drop, Heading Towards Zero?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/donald-trump-nfts-experience-major-price-drop-heading-towards-zero\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Days after former president <a href=\"https:\/\/coingape.com\/former-us-president-donald-trump-launches-nft-collection-at-99\/\">Donald Trump\u2019s NFT collection<\/a> made headlines within the crypto-space and garnered widespread social media consideration, the joy surrounding the digital collectible appears to have diminished. With the Trump NFTs declining each in value and in transaction quantity, the NFT assortment appears to be struggling for its existence.<\/p>\n<h2>Donald Trump\u2019s NFT Price Fall<\/h2>\n<p>According to information compiled by <a rel=\"nofollow\" href=\"https:\/\/opensea.io\/collection\/trump-digital-trading-cards?search%5BsortAscending%5D=true&amp;search%5BsortBy%5D=UNIT_PRICE\">OpenSea<\/a>, a platform that displays the marketplace for <a href=\"https:\/\/coingape.com\/glossary\/nft-non-fungible-token\/\">non-fungible tokens (NFTs)<\/a>, the worth of digital buying and selling playing cards that includes Donald Trump has dropped by 72% up to now few days; after costs for the playing cards skyrocketed to almost 350% upon launch.<\/p>\n<div class=\"quads-location quads-ad90952 \" id=\"quads-ad90952\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n<div class=\"ad1\">\n<p><span class=\"ad-placeholder\">commercial<\/span><\/p>\n<p><a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=180936;size=728x90;setID=591992\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"728\" height=\"90\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=728x90;setID=591992;type=img;click=CLICK_MACRO_PLACEHOLDER\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=728x90;setID=591992;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"728\" height=\"90\"\/><\/noscript><\/a>\n<\/div>\n<\/div>\n<p><em><strong>Read More: <\/strong><a href=\"https:\/\/coingape.com\/donald-trumps-nft-trading-cards-pump-350-in-value-upon-launch\/\">Donald Trump\u2019s NFT Trading Cards Pump 350% In Value Upon Launch<\/a><\/em><\/p>\n<p>The buying and selling quantity for Trump\u2019s NFTs, which was developed on the <a href=\"https:\/\/coingape.com\/tag\/ethereum\/\">Ethereum<\/a> scaling community <a href=\"https:\/\/coingape.com\/tag\/polygon-matic\/\">Polygon<\/a>, reached its all-time excessive on December 17, in keeping with information supplied by CryptoSlam. At the time, the quantity breached the $3.5 million mark. On the OpenSea web site, gross sales of Trump digital buying and selling playing cards have additionally decreased from a peak of 6,661 on December 17 to barely 529 on December 22 and 260 on December 23.<\/p>\n<p>On Monday, nonetheless, the buying and selling quantity decreased by 57% to about $836,000 in <a rel=\"nofollow\" href=\"https:\/\/coinmarketcap.com\/currencies\/ethereum\/\">ETH<\/a>, with the typical sale value falling near $466. Currently, the NFTs have suffered a decline of 72% with every card now price solely 0.23 ETH or $280, as of December 24. Although, the one silver lining for its preliminary traders \u2014 those that purchased them at $99 throughout launch \u2014 nonetheless get pleasure from an honest revenue margin of 182%.<\/p>\n<h2>Trump\u2019s First NFT Launch<\/h2>\n<p>Earlier this month, <a href=\"https:\/\/coingape.com\/tag\/donald-trump\/\">Donald Trump<\/a> launched an official assertion that he shall be making a \u201cbig announcement\u201d through his <a href=\"https:\/\/coingape.com\/donald-trump-unbanned-on-twitter-but-is-not-willing-to-come-back-heres-why\/\">Truth Social<\/a> web site. Many analysts speculated that this announcement could be associated to his potential candidature for the presidency in 2024.<\/p>\n<p>However, it turned out to be Trump\u2019s first stint with NFTs, the place he was quoted saying:<\/p>\n<blockquote>\n<p>My official Donald Trump Digital Trading Card assortment is right here! These restricted version playing cards characteristic superb ART of my Life &amp; Career! Collect your whole favourite Trump Digital Trading Card<\/p>\n<\/blockquote>\n<h2>Mixed Reception On Trump NFTs<\/h2>\n<p>The NFTs received a blended reception from the crypto neighborhood with some mocking the artworks whereas others applauding the previous <a href=\"https:\/\/coingape.com\/tag\/united-states\/\">United States<\/a> president to be among the many few politicians pushing the <a href=\"https:\/\/coingape.com\/glossary\/web-3-0\/\">Web3 narrative<\/a>.<\/p>\n<p>While talking to the OAN community relating to the NFTs, Donal Trump acknowledged that: \u201cYou know, it\u2019s sort of comic book art when you think of it, but they showed me the art and I said, gee, I always wanted to have a 30-inch waist.\u201d<\/p>\n<p><strong>Also Read: <\/strong><a href=\"https:\/\/coingape.com\/3-reasons-why-nfts-might-make-perfect-christmas-gifts-this-year\/\">3 Reasons Why NFTs Might Make Perfect Christmas Gifts This Year<\/a><\/p>\n<p>\u00a0<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA132904\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nPratik has been a crypto evangelist since 2016 &amp; been by way of virtually all that crypto has to supply. Be it the ICO increase, bear markets of 2018, Bitcoin halving to until now &#8211; he has seen all of it.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/5cf0f64b0c7425fc4b6ea3fbbbde702c?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD132904\">\n<p> The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/donald-trump-nfts-experience-major-price-drop-heading-towards-zero\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Days after former president Donald Trump\u2019s NFT collection made headlines within the crypto-space and garnered widespread social media consideration, the joy surrounding the digital collectible appears to have diminished. With the Trump NFTs declining each in value and in transaction quantity, the NFT assortment appears to be struggling for its existence. Donald Trump\u2019s NFT [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[5],"tags":[2144,552,3620,566,36,110,5213],"class_list":["post-15140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft","tag-donald","tag-drop","tag-heading","tag-major","tag-nfts","tag-price","tag-trump","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=15140"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15140\/revisions"}],"predecessor-version":[{"id":15141,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15140\/revisions\/15141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/15142"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=15140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=15140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=15140"}],"cu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