Trump’s NFT Series — Hodl Or Fold; Signuptoken.com and Ethereum Race To Riches
The blockchain world is packed with excitement as it unleashes a series of ground-breaking developments that shake things up. Former President Trump’s NFT collections have created a buzz since their inception, while Ethereum’s Shapella upgrade continues to take the crypto community by storm. And who can forget the ever-competitive Signuptoken.com referral system that gets everyone talking!
Undoubtedly, the blockchain arena is in a huge frenzy and we are here to dive into these epic advancements that are revolutionizing the way we interact with digital assets.
Trump’s NFT Bonanza: Epic 2526% Rise and Dramatic 61% Fall!
In preparation for his 2024 presidential run, former President Donald Trump has released his second NFT collection to build on the success of his first collection. In preparation for his 2024 presidential bid, former President Donald Trump has unveiled his second NFT collection, which consists of 47,000 NFTs printed on the Polygon network and sold for $99 each. Trump’s digital signature can be seen on a few of the cards in the collection. Remarkably, Trump purposefully left the pricing of the collection the same as the previous series to give his backers a chance to cash in.
Despite initially receiving negative feedback, the Trump NFT collection has gained significant attention in the NFT sector, with prices rising a remarkable 2,526% since its launch in December 2022. OpenSea’s on-chain statistics show an unprecedented 1,498 sales at a single day along with an impressive 882% increase in trading volume, amounting to 182 ETH.
The average floor price has fallen slightly over the past 24 hours, falling 61%, despite excellent volume and sales. The Trump NFTs are currently worth 0.1698 ETH, showing the erratic nature of the NFT market.
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Ethereum reaps billions after Shapella
Since the Shapella upgrade, Ethereum has gained 15% in value relative to Bitcoin. Since the upgrade, Ether players have taken $1.21 billion worth of ETH out of Ethereum stake contracts, showing a surge in interest.
Remarkably, within the same time period, Ether’s price rose by 14.25% in US dollars, suggesting that many players are keeping their winnings. This may have increased traders’ interest in ETH as a short-term bet, especially as Bitcoin struggles to overcome its technical resistance. Ethereum and Bitcoin are competing in a fascinating race, and Ethereum seems to be winning thanks to Shapella FOMO!
Things become dynamic and exciting, with new opportunities and challenges on the way. Best to buckle up and keep track of all the action in this ever-evolving world of Web3!
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