- According to statistics from OpenSea, there have been zero transactions in the last seven days.
- The second edition of Trump’s digital commerce has outperformed the first.
While Donald Trump seems to have warmed up to cryptocurrencies and bitcoin after releasing his first set of digital trading card NFTs in late 2022, demand for the NFTs has undoubtedly waned.
According to The Block Data Dashboard, trading volumes for NFTs have been quite stable in recent months, while still low compared to the 2021 bull run.
Disastrous performance
According to statistics from OpenSea, there have been zero transactions in the last seven days and trading volume for the first batch of 45,000 NFTs, which depicts the 45th president in a raised, cartoonish light, has fallen 99% in the last 30 days.
According to statistics from CryptoSlam, sales volumes for NFTs on Ethereum reached $489 million in March. Ethereum has traditionally been the most popular network for non-fungible tokens when it comes to US dollar trading.
As the real estate mogul, who is running for president again this year, prepares to begin his criminal trial for allegedly manipulating company data to conceal hush money payments, demand for Trump NFTs is waning.
Despite a 57% drop in trading volume over the past 30 days, the second edition of Trump’s digital trading has outperformed the first, according to statistics from OpenSea. A chance to dine with Trump at Mar-a-Lago was up for grabs in a new collection that recently dropped and is scheduled for May 8 this year.