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Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more

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cointelegraph.com

Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has witnessed a massive resurgence in daily sales volume in recent days.Compared to Jan.

17 sales volumes, Jan 18. and Jan. 19 saw spikes of 800% and 600% respectively, according to market metrics aggregator Cryptoslam.Some pundits believe the renewed interest could be due to his imminent return to social media networks, following reports that the former president was seeking to rejoin Facebook and Twitter ahead of the 2024 presidential election campaign.NFT Watch: Trump Digital Trading Cards see 88% increase in floor price in the past 24 hours following news of his plans to return to Twitter.: https://t.co/P6W2uHx0Sr pic.twitter.com/IJogZR6yR4The collection of 45,000 self-themed trading cards was launched on Dec.

15 and initially priced at $99 each. Buyers of the collection were automatically entered into a sweepstake which included “1000s of prizes,” including one-on-one dinners, zoom calls and rounds of golf with the former President.

They quickly sold out and recorded daily sales volumes of over $3.5 million, but then plummeted to a baseline of around $26,000 by the end of 2022.Bored Ape Yacht Club (BAYC) creator Yuga Labs has blocked secondary trading of its “Sewer Pass” NFTs on marketplaces that do not fully support creator royalties.Wow not only is Yuga Labs blacklisting Blur they have also blacklisted LooksRare, SudoSwap, and NFTX.

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