According to PANews, the NFT series Kanpai Pandas has seen a sharp drop in floor price due to its alleged promotion of Trump-themed token RTR. Blur data shows that the floor price has fallen 37.44% in 24 hours and 40.13% in the past 7 days, from 0.775 ETH to 0.42 ETH, and is currently 0.46 ETH, about $1,220.
The floor price drop was blamed on the promotion of the RTR token by founder Ice Bagz and his team. After the Trump family denied any involvement in the RTR token, the token price plummeted by 95%. The community began to track down the Kanpai Pandas team members for promoting the token on X.
A user named LegacyApe shared screenshots of team members promoting the token, and another community member shared a screenshot of Kanpai Labs being behind Google ads for the token.
