A meme coin that parodies President Joe Biden is up almost 271% in the last 30 days. Meanwhile, the value of digital assets linked to former President Donald Trump, who is scheduled to appear in criminal court on Monday, April 15, is plummeting.
Non-fungible token (nft) sales volumes on ethereum soar $536 million in the last 30 days, according to data aggregator CryptoSlam.
However, interest in Trump nfts appears to have waned as the twice-impeached Republican candidate faces a criminal trial in New York for allegedly falsifying business records.
drastic drop
Trading volumes for Trump's official nft collection plummeted in value by more than 99% in the last 30 days.
According data From online nft marketplace OpenSea, trading volume for Trump's 45,000 digital trading cards, which feature Photoshopped images of the quadruple-impeached Republican, has dropped sharply over the past 30 days.
The nfts, which sold for $99 each when they launched in December 2022, have not seen any trading activity over the past week.
nfts aren't the only Trump-themed digital assets that are failing.
A meme coin inspired by his slogan, “Make America Great Again,” lost more than 4% of its value in the last 24 hours.
MAGA was also in the red at the seven- and 30-day deadlines. According to data from CoinGecko, the price of the joke token has fallen by almost 25% in the last 30 days and by approximately 21% in seven days.
However, it had a positive price difference in 14 days, recording a value growth of almost 18% in that period.
Meanwhile, the parent company of Trump's conservative-leaning social network, Trump Media & technology Group Corp., has seen its stock lose about $4.5 billion in market value since going public on March 26.
'Boden' gets a boost
While the MAGA coin has been declining, another meme coin, one that parodies President Joe Biden, has made significant gains.
According to data from CoinGecko, the so-called Jeo Boden coin (BODEN) has risen 24.4% in the last 24 hours and is currently trading at $0.6792.
The value of the coin has also increased by almost 63% in two weeks and almost 271% in the last 30 days.
BODEN currently has a market capitalization of $475,326,682 and recorded a trading volume of $25,247,510 in the previous 24 hours.
He is not affiliated with the White House or the Biden campaign.
