Traders Are Tired of Trump NFTs

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Traders Are Tired of Trump NFTs
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Trump tried to outdo his first bizarre NFTs with his Series 2 collection with even more ridiculous art, but instead of giving his prior collection a 'Trump bump' prices for the NFTs slumped. RosiePerper wraps up this week's Web3 news:

within a day of launch, the first series had greater success in terms of secondary sales. At the time of writing, Trump’s second collection had a floor price on OpenSea of 0.049 ETH – or about $97, which is less than its mint price of $99. Currently, the best offer for a non-fungible token in the collection is 0.0469 ether , or about $91, highlighting its shrinking perceived value among buyers.

, the project’s trading volume began to slide the day after mint, and it has continued to flatline.that interest in the first collection has diminished among collectors, with its floor price dramatically dropping and losing about half its value after the second collection’s release.Even the rare 1/1s in the new collection aren’t attracting high bids. The highest sale for a Series 2 NFT to date was for 4.

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