President Trump NFTs floor price crashed 58% after ‘Series 2’ launch

Former U.S. President Donald Trump’s NFTs level terms declined 58% to 0.183 ETH — astir $382 — successful the past 24 hours aft helium announced a 2nd postulation connected April 18.

According to CryptoSlam data, the archetypal postulation was progressive successful 1,210 income transactions, and its trading measurement surged 889% to $379,819 successful the past 24 hours.

Meanwhile, OpenSea information showed that the integer assets saw 1,503 income — with its income measurement rising 188% to 296 ETH during the reporting period.

Source: OpenSea

President Trump’s caller collection

President Trump’s caller postulation — “Series 2” — includes 47,000 NFTs minted connected the Polygon blockchain and priced astatine $99 each. The postulation is sold out, according to its authoritative website.

President Trump said helium chose to support the “price of the Trading Cards the aforesaid arsenic past time” adjacent though helium could person raised it “much higher.” According to Trump, helium decided against this due to the fact that helium would beryllium fixed “no bully feline credit.”

According to disposable data, the erstwhile President made up to $1 cardinal from the income of the archetypal collection.

The Series 2 postulation depicts the erstwhile President arsenic George Washington, a aureate king chess portion holding a globe and a U.S. flag, the king of hearts successful a crippled of cards, and a rockstar.

Like the archetypal iteration, the 2nd postulation incentivizes buyers with the committedness of a gala meal with the President astatine his Mar-a-Lago residence. However, this connection is lone disposable to holders who bargain 47 pieces of the integer trading cards.

Meanwhile, the caller postulation is besides not owned, managed, oregon controlled by Trump, his company, oregon their affiliates. The website besides adds that the NFTs “are not governmental and person thing to bash with immoderate governmental campaign.”

The station President Trump NFTs level terms crashed 58% aft ‘Series 2’ launch appeared archetypal connected CryptoSlate.