Trading demands for the Donald Trump Digital Trading NFT cards have taken a dramatic nosedive, leaving the project at markedly low levels of activity.
What Happened: According to data obtained from OpenSea, the floor price of Trump Digital trading cards has plunged over 90%, dropping to 0.17 Ethereum ETH/USD, since its launch.
The floor price had reached an all-time high on Dec.19, when Trump NFTs were sold for over 0.54 Ethereum.
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However, since then sales have plummeted by a staggering 98%, dropping from 11,548 to just 187 on Monday, in just three days.
Sunday marked a dramatic decrease in daily trading volume of NFTs, as CryptoSlam reported just 28 unique buyers across a total of 98 transactions. The dramatic decrease of almost 99% in daily volume is a marked indicator that this surge was short-lived and that investors have cooled off.
Trump NFTs consisted of 45,000 trading cards, featuring a wide range of creative cosplay costumes, such as an astronaut, cowboy and superhero. Originating on Polygon MATIC/USD, the NFTs offered buyers a chance to win exclusive rewards, such as dinner or a meet-and-greet with Trump.
Price Action: Ethereum was trading at $1,323, up 0.99% in the last 24 hours, according to Benzinga Pro data.
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