The popularity of Donald Trump’s cryptocurrency tokens has fallen by 98%

on December 15, Donald Trump launched the sale of his own NFTs. Despite the fact that the images depicting the 45th president of the United States in different guises were called ridiculous by many, they were actively bought. However, the hype has now passed and the situation has changed radically.

According to CryptoSlam, sales of NFTs from the Donald Trump Digital Trading Cards collection have fallen by 98% compared to their peak on December 17. The price of NFTs has also dropped — currently, the minimum price of Trump Digital Trading Cards on the OpenSea marketplace is only 0.15 ETH (about $ 180). While in the first days of sales, the price of the cheapest Trump NFT reached 0.84 ETH (about $ 990).

According to the representatives of the Donald Trump Digital Trading Card, the purchase of NFTs from the 45th President of the United States is intended for collecting and personal enjoyment, not for investment purposes. Each NFT holder is automatically entered into the draw and has a chance to win one of thousands of different prizes. The main gifts include a personal chat with Trump on Zoom or an hour of golf together.

Members of the cryptocurrency community called Trump’s NFT collection part of a well-thought-out strategy ahead of the 2024 US presidential election. The politician hopes to attract the attention of Web-3 and cryptocurrency supporters by demonstrating his loyalty to technological innovations. Many users openly mock the images, which look more like comic book images. But there were also those who admired the politician’s desire to participate in the promotion of Web3.