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After losing 80% of their value in just 14 days, Trump NFTs are making a comeback. Former President Donald Trump’s NFTs are now on the rise, with volume increasing 800% in just 2 days.

Trump NFTs have experienced a recent rally this week, with volume increasing by 800%. What is the deal?

Trump NFTs have indeed pumped

Upon launch, the NFT project experienced a spike in prices before plummeting 80% in value in just a 14-day period. However, the collection is currently experiencing a surge in sales. To specify, the daily sales volume of the Trump Digital Trading Card collection increased by 800% from Tuesday to Wednesday. That is, it went from approximately $34,000 to $306,000, according to data from CryptoSlam. Also, in the last seven days, the NFT collection had over $893,868 in sales and $117,790 in sales in the last 24 hours.

In addition, the minimum price also increased last week. On Tuesday, the collection had a total of 115 total transactions with an average sale price of $296 per NFT. On Wednesday, the number of Trump NFTs traded increased to 704 at an average price of $435. As of today, the average sale price is $377.25 USD. Also, the starting price of the NFT Trump lists doubled from $235 to $454 on Wednesday. As of this writing, 24-hour sales are down 74.40%, and buyers are down 66.10%. Although trading volume and floor price have declined since the collection’s recent rally, its average sale price is still above its December 2022 price.

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All investment/financial opinions expressed by NFTevening.com are not recommendations.

This article is educational material.

As always, do your own research before making any type of investment.

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