The Donald Trump Trading Cards offered various prizes to 1000+ winners. But the prize NFTs are now trading as low as $38.
The Donald Trump Digital Trading Card NFTs got sold out with a bang, raising approximately 648 ETH, roughly $785,000 as per the ETH rate during the sale. More than 1000 Digital Trading Card NFTs were rewarded with a sweepstake prize bonus, but the prize is now trading as low as $32
Trump Prizes Trading at $32
The Donald Trump Trading Card offered prizes such as a Gala dinner, meet and greet, golf session, group zoom call, individual zoom call, and even one-on-one meeting with the former President, Donald Trump.
The owners of the Digital Card NFTs were airdropped with these Trump Prizes NFTs that depict the former President holding a frame listing one of the mentioned prizes.
According to data from OpenSea, the Trump Prizes NFTs have a trading volume of just 38 ETH and a floor price of 0.0228 ETH, equivalent to roughly $32 as of writing. The mint price of the original NFTs was $99, but its prizes are trading at a nearly 68% discount.
However, it is worth noting that NFT owners have listed only 84 NFTs out of the collection of 1686 NFTs for sale. That makes up roughly 5% listing. These stats may indicate that the owners hold 95% of NFTs to redeem their perks.
The highest listing is for “1-on-1 Meet w/ Pres Trump at Mar-A-Lago” NFT. It will allow the owner to meet Donald Trump for 20 minutes at Mar-A-Lago, a resort in Palm Beach, Florida. The NFT is listed for 200 ETH, roughly $285,122.
The Donald Trump Trading Card Sales Slump 98%
The OpenSea data shows that the Donald Trump Trading Card sales peaked at 2855 on Dec. 18, 2022. However, within a month, the sales are down by almost 98%. OpenSea recorded 65 sales on Thursday.
The floor price of the collection has dropped by 80%. As of writing, it is at 0.178 ETH from a peak of 0.84 ETH.
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Source: https://beincrypto.com/donald-trump-nft-prizes-trade-at-32-as-nfts-sale-drop-98/