{"id":2269,"date":"2023-01-02T19:30:36","date_gmt":"2023-01-02T19:30:36","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/01\/02\/trump-nft-collection-plummets-in-value-80-in-just-2-weeks\/"},"modified":"2023-01-02T19:30:36","modified_gmt":"2023-01-02T19:30:36","slug":"trump-nft-collection-plummets-in-value-80-in-just-2-weeks","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/01\/02\/trump-nft-collection-plummets-in-value-80-in-just-2-weeks\/","title":{"rendered":"Trump NFT Collection Plummets in Value: -80% in just 2 weeks!"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Trump NFT collection recently saw a significant drop in value, losing 80% of its value within just 14 days. This raises the question: how did such a drastic decrease in value occur? Get to know the story behind the TrumpCards NFT collection.<\/p>\n<p><picture decoding=\"async\" class=\"aligncenter wp-image-88877 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-300x199.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-768x510.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-84x56.jpg.webp 84w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-150x100.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-450x299.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20797'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture><\/p>\n<p><noscript><picture decoding=\"async\" class=\"aligncenter wp-image-88877 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-300x199.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-768x510.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-84x56.jpg.webp 84w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-150x100.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-450x299.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-scaled.jpg\" alt=\"Donald Trump, the former president of the United States, experienced a sudden drop in his NFT collection's value.\" width=\"1200\" height=\"797\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-scaled.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-300x199.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-1024x680.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-768x510.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-84x56.jpg 84w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-150x100.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-450x299.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><\/p>\n<h2><span id=\"How_did_Trump_NFT_collection_value_drop_so_much\">How did Trump NFT collection value drop so much?<\/span><\/h2>\n<p>A few possible explanations for the sudden drop in value of the Trump NFT collection come from different hypothesis. One possibility comes from the NFT market, particularly those related to political figures, still relatively new and unpredictable. This means demand for these types of NFTs may fluctuate rapidly, leading to changes in value.<\/p>\n<p>Another possible reason comes from the overall state of the cryptocurrency market. The value of many cryptocurrencies, including those often used to purchase NFTs, has been volatile in recent months. This means the value of NFTs using these cryptocurrencies may also fluctuate as a result.<\/p>\n<p>Finally, it\u2019s possible that the drop in value of the Trump NFT collection was simply a result of market forces at work. As with any investment, the value of NFTs may go up or down depending on a variety of factors, including supply and demand. In this case, it appears that the demand for the collection simply declined, leading to a decrease in value.<\/p>\n<figure id=\"attachment_88880\" aria-describedby=\"caption-attachment-88880\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-88880 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-300x115.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-768x295.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-146x56.jpg.webp 146w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-150x58.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-450x173.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20460'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20460'%3E%3C\/svg%3E\" alt=\"Volume and price, in Ethereum, for Donald Trump's NFT collection on its first month of release.\" width=\"1200\" height=\"460\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-scaled.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-300x115.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-1024x393.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-768x295.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-146x56.jpg 146w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-150x58.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-450x173.jpg 450w\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-scaled.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-88880 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-300x115.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-768x295.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-146x56.jpg.webp 146w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-150x58.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-450x173.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-scaled.jpg\" alt=\"Volume and price, in Ethereum, for Donald Trump's NFT collection on its first month of release.\" width=\"1200\" height=\"460\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-scaled.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-300x115.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-1024x393.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-768x295.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-146x56.jpg 146w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-150x58.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Volume-Price-450x173.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-88880\" class=\"wp-caption-text\">Both sales volume and floor price dropped since its release. <br \/>Image Credit: OpenSea<\/figcaption><\/figure>\n<h2><span id=\"What_is_the_TrumpCards_NFT\">What is the TrumpCards NFT?<\/span><\/h2>\n<p><a href=\"https:\/\/nftevening.com\/donald-trump-just-announced-a-trading-card-nft-collection\/\" target=\"_blank\" rel=\"noopener\">TrumpCards NFT<\/a> is a collection of non-fungible tokens (NFTs) featuring former United States President Donald Trump. Collections buy these NFTs, also known as digital collectibles, using cryptocurrency. Each TrumpCard NFT unique and cannot be exchanged for another NFT.<\/p>\n<p>The Trump NFT collection includes a variety of different types of NFTs, including <a href=\"https:\/\/www.collecttrumpcards.com\/\" target=\"_blank\" rel=\"noopener\">limited edition cards<\/a> featuring images of President Trump, as well as rare and one-of-a-kind cards. The rarest ones also grant special prizes for collecitiors, such as meeting the presdient face-to-face. These NFT used marketing to attract fans of President Trump, and their value is often based on their rarity and perceived demand among collectors.<\/p>\n<p>The Trump NFT collection was launched in December 2022 and quickly gained popularity among collectors. However, as mentioned above, the value of these NFTs has recently dropped significantly, losing 80% of its value within just 14 days. Despite this drop in value, the Trump NFT collection remains a popular choice among collectors, and it will be interesting to see how the value of these NFTs fluctuates in the future.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/trump-nft-collection-plummets-in-value-80-in-just-2-weeks\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trump NFT collection recently saw a significant drop in value, losing 80% of its value within just 14 days. This raises the question: how did such a drastic decrease in value occur? Get to know the story behind the TrumpCards NFT collection. How did Trump NFT collection value drop so much? A few possible [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/01\/Sad-Trump-scaled.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2269"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=2269"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/2270"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=2269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=2269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=2269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}