{"id":12530,"date":"2024-04-13T17:43:41","date_gmt":"2024-04-13T14:43:41","guid":{"rendered":"https:\/\/forklog.com\/en\/trumps-nft-collection-trading-volume-plummets-by-99\/"},"modified":"2024-04-13T17:43:41","modified_gmt":"2024-04-13T14:43:41","slug":"trumps-nft-collection-trading-volume-plummets-by-99","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trumps-nft-collection-trading-volume-plummets-by-99\/","title":{"rendered":"Trump&#8217;s NFT Collection Trading Volume Plummets by 99%"},"content":{"rendered":"<p>Over the past month, trading volume for the first NFT series of former U.S. President Donald Trump has dropped by 99%, according to <a href=\"https:\/\/www.theblock.co\/post\/288051\/original-trump-nft-collection-trading-volume-plunges-99-in-past-30-days-ahead-of-criminal-trial\">The Block<\/a>.<\/p>\n<p>Released in 2022, the Trump Digital Trading Cards collection includes 45,000 tokens depicting the former president in various guises, including as a superhero with laser eyes.<\/p>\n<p>In March 2023, trading volume for the NFT series surged by 440% following a Grand Jury&#8217;s approval of 30 charges against Trump.<\/p>\n<p>Media reports indicated that sales of the non-fungible tokens brought the politician up to $1 million. According to disclosed information, Trump earned $298,000 in licensing fees.<\/p>\n<p>In April 2023, the former U.S. president released a second NFT collection on the Polygon blockchain. It contains 47,000 tokens featuring images of the politician in various roles. In December, Trump introduced a third series of his personal NFT collection titled MugShot, featuring his prison photo.<\/p>\n<p>In January 2024, the former U.S. president vowed never to allow the <span data-descr=\"Federal Reserve System of the USA\" class=\"old_tooltip\">Fed<\/span> to launch a CBDC. He cited risks of &#8220;debanking and the emergence of political weaponry&#8221; as reasons for this decision.<\/p>\n<p>Back in March, Trump <a href=\"https:\/\/u1f987.com\/en\/news\/donald-trump-describes-bitcoin-as-an-additional-form-of-currency\">promised not to interfere with the use of Bitcoin<\/a> and other cryptocurrencies if he wins the presidential election in November. He also described digital gold as an &#8220;additional form of currency&#8221; that has already <a href=\"https:\/\/u1f987.com\/en\/news\/trump-discusses-bitcoins-future-in-the-us-and-reveals-his-preferred-currency\">&#8220;come into its own&#8221;<\/a>.<\/p>\n<p>According to a Paradigm survey, about 48% of cryptocurrency holders in the U.S. <a href=\"https:\/\/u1f987.com\/en\/news\/survey-majority-of-us-cryptocurrency-holders-support-donald-trump\">plan to vote for Trump<\/a> in the upcoming presidential election. Another 38% support the current head of state, Joe Biden, while 13% remain undecided.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past month, trading volume for the first NFT series of former U.S. President Donald Trump has dropped by 99%, according to The Block. Released in 2022, the Trump Digital Trading Cards collection includes 45,000 tokens depicting the former president in various guises, including as a superhero with laser eyes. In March 2023, trading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,1213],"class_list":["post-12530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"101","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=12530"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12529"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}