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Cryptocurrency News Articles

Trump NFT Market Overview: Recent Long Liquidation, Current Sentiment, Suggested Buy Zones, Target Levels, Stop-Loss, and Trading Strategy

Feb 01, 2025 at 10:04 pm

Check out the latest market overview for Trump NFT ($TRUMP) including recent long liquidation, current sentiment, suggested buy zones, target levels, stop-loss, and trading strategy.

Trump NFT Market Overview: Recent Long Liquidation, Current Sentiment, Suggested Buy Zones, Target Levels, Stop-Loss, and Trading Strategy

Recent NFT sales and trends for Trump NFTs:

1. Trump Digital Trading Cards NFT Sales Surging:

- Despite the mixed reactions, Trump Digital Trading Cards NFTs are selling well.

- According to NFT Price Floor, the floor price for a Trump NFT currently stands at 0.11 ETH. This translates to approximately $180 at the time of writing.

- Notably, the cheapest Trump NFT was recently listed for 0.09 ETH, or around $148.

- Interestingly, the most expensive Trump NFT sold to date fetched a price of 777 ETH. This exceptional sale equates to approximately $1.2 million.

- Overall, the total sales volume for Trump NFTs has now surpassed an impressive 50,000 ETH.

2. Trump NFT Prices Dip After Initial Surge:

- After a period of skyrocketing prices, Trump NFTs have experienced a slight downturn in recent days.

- Specifically, the floor price for a Trump NFT, which had risen to 0.28 ETH at the peak of the surge, has now dropped to around 0.11 ETH.

- This downturn comes as the market corrects itself following the initial surge of interest in Trump NFTs.

- Despite the dip in floor price, Trump NFTs remain relatively high-priced compared to other NFTs in the collection.

3. Trump NFT Collection Ranks Among Top NFT Projects:

- Notably, the Trump Digital Trading Cards NFT collection has risen in the ranks to become one of the top NFT projects.

- At the time of writing, the collection boasts an impressive 24-hour sales volume of over 2,000 ETH. This volume places the collection among the top 5 NFT projects in terms of sales.

- Other highly-ranked NFT collections include Bored Ape Yacht Club, CloneX, and Azuki.

- Overall, the strong sales performance of Trump NFTs highlights the continued interest in NFTs despite the bear market.

4. Trump NFT Floor Price Shows Signs of Recovery:

- Following a period of decline, the floor price for Trump NFTs appears to be recovering.

- Specifically, the floor price has risen from a low of 0.09 ETH to around 0.11 ETH at the time of writing.

- This uptick in floor price comes as the NFT market experiences a broader recovery.

- Notably, the floor price for Trump NFTs had initially surged to 0.28 ETH after the launch of the NFT collection. However, it subsequently dropped as the market corrected itself.

5. Trump NFT Sales Slow Down After Initial Frenzy:

- After a period of瘋狂 buying, sales of Trump NFTs have slowed down significantly.

- Specifically, NFT sales, which had reached a peak of 6,000 ETH per day at the height of the buying frenzy, have now dropped to around 200 ETH per day.

- This slowdown in sales comes as the NFT market corrects itself following the initial surge of interest in Trump NFTs.

- Despite the slowdown, Trump NFTs continue to outsell other NFTs in the collection, with the cheapest Trump NFT still priced at 0.09 ETH.

Disclaimer:info@kdj.com

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Other articles published on Feb 08, 2025