Trump's NFT Collection Price Swings

O

n its debut weekend, the pricing of Donald Trump's NFT collection showcased a rollercoaster-like pattern. Just hours after being released to the public on Thursday, his entire inventory was sold out!

On Saturday afternoon, the digital trading card collection reached its pinnacle of 0.839 ETH before quickly reverting back to an amount of 0.295 ETH according to OpenSea records.

As of Sunday afternoon, the cumulative amount reached 5,824 ETH with a grand total of 21,479 sales.

On Saturday, a black and white image of Donald Trump in a tuxedo standing on top of the staircase sold for an unbelievable 37 ETH - amounting to $41,000! This was the highest-selling non-fungible token (NFT) listed on OpenSea.

Announcing the new collection, a price of only $99 per card and some incredible sweepstake prizes were declared, including an exclusive one-on-one meeting with Donald Trump at Mar-A-Lago! Plus, hand signed memorabilia were also being included as part of this special offer. But that's not all - those who buy 45 NFTs will be granted access to a glamorous gala dinner in South Florida with none other than President Trump himself.

Chris

An editor at Coincrop

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Jonathan is a Coincrop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely sailing.