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The NFT group is off to a rocky start

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Former US President Donald Trump’s NFT group is off to a rocky start, with its price going up and down over the weekend.

Donald Trump price The set of non-fungible tokens (NFT) has been extremely volatile, dropping over 50% in a 24-hour period starting Saturday, December 17, 2022. Based on OpenSea data, Donald Trump’s NFT peaked at a minimum price of 0.839 ETH (1 $182) on Saturday before falling to 0.295 ETH ($390), marking the first weekend with worrying volatility.

The turnout was shocking given that the former president’s NFT pool had just sold out two days earlier, on Thursday, December 15th, a few hours after it hit the market.

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Fast forward to Saturday, and the batch of ostensibly digital trading cards peaked in the late afternoon before their value plummeted.

Furthermore, as of Sunday afternoon, the total volume of the Trump NFT pool is 5,924 ETH after recording a total number of sales of 21,479.

Best selling NFT on OpenSea He went for 37 ETH on Saturday, which translates to about $41,000 at current prices.

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Donald Trump NFT Collection

The NFT of Donald Trump is a black and white image depicting Trump in a tuxedo while standing in front of a staircase. The group was dismissed asMajor announcementWritten by Trump, he revealed that it consisted of 45,000 cards with outlandish illustrations of the former president as an astronaut, cowboy, and race car driver.

The company behind Trump’s NFT suite is NFT INT, where card creators earn 10% of every NFT sale on the secondary markets.

When the announcement of the collection came, it was revealed that the black and white NFTs would be trading in an initial mint price of $99 per ticket and lottery prizes, including a one-on-one meeting with the former boss in Mar-A- Lago along with hand-signed keepsakes. The ad also promised that anyone who purchased 45 NFTs would get a ticket to a dinner with Trump in South Florida.

Data on OpenSea It shows that the NFT pool skyrocketed in trading volume upon its launch on Thursday, with 5,548 Ethereum trading for a total of over $6.5 million as of Sunday morning. Due to the massive popularity of the project, Trump’s NFT pool has secured a place on the OpenSea homepage as the most popular asset.

The controversial president’s NFTs have become a very trendy topic on late-night TV shows, including “Late Night with Seth Meyers“,”The Tonight Show Starring Jimmy FalloncAmy Kimmel Live,” And the “Late Night Show with Stephen Colbert. The latest addition to this list is NBC’s Saturday Night Live, during which he was opening partTrump and the group scoffed after the epic drop in prices.

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Trump is applying for the 2024 presidency

It is worth noting that the NFT group is not associated with files Trump presidential campaign 2024 In any way. a Promotional site He confirmed this, saying it was “not political”.

The group’s sale comes a year later trump Swipe cryptocurrency During an interview with Fox Business, which made an ironic twist; Both NFTs and crypto are based on blockchain technology. In his criticisms at the time, Trump said, “I never liked it because I like having the dollar. I think the currency should be the dollar, so I’ve never been a big fan.”

I want a currency called “dollar”. I don’t want all those others. … I think it’s a very dangerous thing.”

Trump’s NFT wasn’t the only thing that got off to a rocky start. Recently, the former President of the United States announced his candidacy for the presidency in the upcoming 2024 elections. Despite his efforts to convince voters of the need to return him to the White House within two years, Trump witnessed a slow decline in support among Republican voters, which began about two years ago after his exit from the White House.

Trump’s tenure is, for the most part, associated with the January 6, 2021 insurrection, which has greatly reduced his voter support. Moreover, the disappointing midterm losses of several of his picks cost the Republicans Control of the Senate And he almost kept the House of Representatives in the hands of the Democrats.

Three weeks followed as frontrunner and frontrunner Trump publicized subsequent scandals of himself, starting with his dining actions with Kanye West, a white supremacist, and anti-Semitic rap star. Second, Trump suggested “End” parts of the US Constitution To file his presidential loss in 2020.

Donald Trump has also been on the receiving end of a string of shocking legal losses, including a conviction against his company, The Trump Organization, on tax fraud charges. Besides, he also struggled with the appointment of a special prosecutor to lead investigations into Trump’s removal of classified information from the White House and his involvement in the failed attempt to overturn his defeat in the 2020 election.

As a result, the once untouchable Republican power broker is now trailing his Republican opponent in the race for the nomination, Florida Governor Ron DeSantis.

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BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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