All of this seems to be happening when the situation is not conducive in any way the NFT scenario is concerned. As has been observed, the entire NFT market scenario constantly seems to be spiraling downwards, with no respite being seen shortly.
Donald Trump recently posted on Truth Social, which happens to be an all-American social media platform, that he is in the process of delivering his very first and formal Donald Trump Digital Trading Card Collection. According to his statement, these digital cards are part of a limited edition. It has also been stated that it will affect his life and career. In his opinion, the card in question is akin to a baseball card, only that it will prove much more scintillating and thrilling.
The general attraction towards the many NFT collections also seems to have been adversely affected, and much of its glitter and sheen seems to fade with each passing day. As a completely related factor, this has also been instrumental in negatively influencing the overall pricing structure of the concerned NFTs, along with all of the other existing cryptocurrencies. Inadvertently, this has duly compelled various prime brands and notable industry figures to begin slowly shedding their own NFT collections.