Skip to main content

Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales

Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past 24 hours, the “Win Trump Prizes” collection has seen 38 ether, or roughly $53,000 in sales, on Thursday, Jan. 12, 2023.

Trump’s NFT Prize Collection Auctions off on Opensea’s NFT Marketplace

The former president of the United States, Donald Trump, recently sold a collection of non-fungible token (NFT) cards that sold out on the first day of its launch. The NFT collection caused a stir among pundits on the left side of the political spectrum. When the sale was conducted, NFT owners were given a chance to win special prizes related to Trump, including golfing with the former president, a one-on-one Zoom call, and an invitation to a gala dinner with Trump in Florida.

Those prizes were minted as NFTs on the Polygon blockchain, just like the trading card set. They are now seeing secondary sales on Opensea, the leading NFT marketplace in terms of sales volume. At 3:00 p.m. Eastern Time on Jan. 12, 2023, the “Win Trump Prizes” collection on Opensea has seen 38 ethereum (ETH), or roughly $53,000 in sales, during the last 24 hours.

At the time of writing, the Win Trump Prizes collection has a floor value of around 0.0219 ETH. One particular ticket, called a “Group Zoom Event w/ Pres. Trump,” is selling for 0.0466 ETH or $66.43 for the NFT ticket. Trump’s prize NFT sales currently hold the 48th position in terms of NFT collection sales in the last day. It has surpassed the Rarepass NFT collection, which raked in $52,458 today, and it is below the Rektguy NFT collection’s $54,444 in sales over the last 24 hours.

The Win Trump Prizes NFT collection, however, has done better in 24-hour sales than collections such as Cool Cats, Zed Run, Solana Monkey Business, and World of Women on Jan. 12. The Win Trump Prizes collection sales are lackluster and they only represent 0.18% of the $29.77 million in NFT sales on Thursday. Trump’s original trading card NFTs have seen $20,701 in sales on Jan. 12, which is 44.90% lower than the day prior.

What do you think about Trump’s NFT prize collection and its secondary market? Share your thoughts in the comments section below.



from Bitcoin News https://ift.tt/235frM6
Labels:

Comments

Post a Comment

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...
Post a Comment
Read more

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...
Post a Comment
Read more

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...
Post a Comment
Read more