Kanpai Pandas floor price plummets 45%, possibly due to the controversy surrounding the Trump-themed RTR token.
Odaily News Report: The team behind the Non-Fungible Token (NFT) series Kanpai Pandas has seen a significant drop in the floor price of their NFT series after being allegedly involved in the promotion of a Trump-themed token called "Restore the Republic (RTR)". Blur's data shows that the floor price of the Kanpai Pandas NFT series has dropped by 37.44% in the past 24 hours and 40.13% in the past 7 days, with the floor price falling from 0.775 ETH to a low of 0.42 ETH on August 9th, a 45% decline. The drop in the floor price is widely attributed to the series' founder "Ice Bagz" and his team members promoting the RTR token, which is allegedly the "official" token of Donald Trump. However, Eric Trump, the son of Donald Trump, has firmly denied any connection between the RTR token and the Trump family. After the Trump family's denial of any involvement with the RTR token, the token's price plummeted by 95%. (Cointelegraph)