Kanpai Pandas NFTs floor price dives 45% after token endorsement scandal
Share link:In this post: The Kanpai Pandas NFT collection falls from 0.775 ETH to 0.42 ETH. This price decline is linked to allegations that the Kanpai Pandas team promoted the controversial Restore the Republic (RTR) token. Restore the Republic (RTR) token was falsely associated with Donald Trump.
The Kanpai Pandas NFT collection price fell by 37.44% in 24 hours and by 40.13% over the last seven days. According to data from the NFT marketplace Blur, the price dropped from 0.775 ETH on August 8 to a low of 0.42 ETH on August 9, marking a 45% decrease.
The Kanpai Pandas NFT collection price currently stands at 0.46 ETH, valued at $1,220. The recent price decrease follows allegations that the creators promoted Restore the Republic (RTR), a token themed around Donald Trump, which the Trump family subsequently disavowed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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