On April 18, former U.S. president Donald Trump announced a second series of his digital Trump card collection, following the “great success” of his initial non-fungible token (NFT) trading cards. Despite selling out rapidly, Trump stated on Truth Social that he maintained the initial card prices for the new collection.
Trump Unveils Series 2 NFT Collection With Mar-a-Lago Dining Opportunity
Trump is back with a new NFT collection featuring 47,000 digital cards minted on Polygon. His first NFT collection, launched in mid-December 2022, sold out within hours. The cards’ value performed well on secondary markets and also surged following Trump’s indictment by a Manhattan grand jury.
On March 30, 2023, Trump was indicted with 34 felony counts of allegedly falsifying business records related to ostensible payments to adult film star Stormy Daniels. Trump pleaded not guilty and his legal team has requested a spring 2024 trial. On Truth Social, Trump unveiled his second NFT collection just 19 days later. Cards are priced at $99 each and are intended as “collectible items for individual enjoyment only, not for investment vehicles.”
Each card features a “unique pre-assigned rarity.” Customers who purchase 47 of Trump’s NFTs will have the opportunity to dine with the former president. In a Truth Social post, Trump said: “I am pleased to inform you that, due to the great success of my previously launched digital trading cards, we are doing it again, Series 2, available right now.” He also pointed out that he kept the card prices consistent despite their success in the secondary market.
“I hope everyone notices, [and] I’m sure the fake news won’t, that I’m leaving the price of the trading cards the same as last time, even though they are selling for many times more (it’s called the market!), [and] sold out almost immediately, because I want my fans [and] supporters to make money, [and] have fun doing it,” Trump said. “I could have raised the price much higher, [and] I believe it still would have sold well, with a lot more money coming to me, but I didn’t choose to do so. I will be given no ‘nice guy’ credit?”
According to nftpricefloor.com, Series 1 Trump cards have a floor price of approximately 0.17 ether on April 18, or $353.58 using current ethereum (ETH) exchange rates. This gives the Series 1 Trump NFTs a market cap of about $15.91 million or 7,650 ether, and ranks the collection at #68 among top NFT compilations. In contrast, the Bored Ape Yacht Club (BAYC) NFT collection holds the #1 position in terms of floor value, valued at $1.1 billion, or 530,500 ether.
What are your thoughts on the recent launch of Donald Trump’s second NFT collection? Share your opinions in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Trump NFT collection
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Credit: Source link
Bitcoin 
Ethereum 
Tether 
BNB 
Solana 
USDC 
XRP 
Dogecoin 
Lido Staked Ether 
TRON 
Toncoin 
Cardano 
Wrapped stETH 
Shiba Inu 
Wrapped Bitcoin 
Avalanche 
WETH 
Bitcoin Cash 
Chainlink 
USDS 
LEO Token 
Polkadot 
Sui 
Litecoin 
NEAR Protocol 
Wrapped eETH 
Aptos 
Uniswap 
Pepe 
Internet Computer 
Dai 
Bittensor 
Monero 
Artificial Superintelligence Alliance 
Ethena USDe 
WhiteBIT Coin 
Stellar 
Ethereum Classic 
Kaspa 
First Digital USD 
POL (ex-MATIC) 
OKB 
Stacks 
Filecoin 
Aave 
dogwifhat 
Cronos 
Arbitrum 
Mantle 
Immutable 
