NFT News- The floor price for Trump’s NFTs reportedly started off at $99 each.
- The website for these NFTs claims that 45,000 NFTs would be produced.
On Thursday, NFT Trading Cards featuring former President of the United States Donald Trump was released, and since then, the total value of the set has risen to almost $2.8 million. There has been a consistent increase in the value of these NFTs since their introduction.
The floor price for Trump’s NFTs reportedly started off at 0.282 Ethereum early on Saturday morning, according to OpenSea, a notable platform for trading NFTs. A total of around $330 is the actual approx price after conversion. But when they were originally introduced, they were only going for a meagre retail price of $99 a pop.
Significant ROI Witnessed
Since the original publication of the price as part of what the former president called a “big announcement” on his Truth Social account, the value of Trump’s NFT trading cards has increased dramatically, as seen by the pricing on Saturday.
The NFTs’ current floor price is roughly 0.41 ETH, which is equivalent to $485 approx, a 390% rise from its initial price of $99. Reports on Friday indicated that the secondary market price of the NFTs had virtually skyrocketed due to their swift sales.
Just after Trump made his run for president in 2024 official, he unveiled his NFT Trading Cards campaign. The 2020 election was a failure for Trump’s reelection effort. From 2017 through 2021, he presided over the American presidency.
The website for these NFTs claims that 45,000 NFTs would be produced during the initial run of the collection and that they were “minted” on the Polygon blockchain.
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Source: https://thenewscrypto.com/donald-trumps-nft-collections-price-surges-over-350/