On April 18, former US President Donald Trump announced a second set of his digital Trump card collection, following the “huge success” of his initial non-fungible token trading (NFT) cards. Despite selling out quickly, Trump told Truth Social that he stuck to the starting prices of the cards for the new set.
Trump Introduces NFT Series 2 Collection With Opportunity To Dine At Mar-a-Lago
Trump is back with a new NFT collection that includes 47,000 digital cards minted in Polygon. His first NFT collection, released in mid-December 2022, sold out in a matter of hours. The value of the cards performed well in secondary markets and also rose after Trump’s indictment by a Manhattan grand jury.
On March 30, 2023, Trump was accused 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 required a spring 2024 test. In social truthtriumph sleepless his second NFT collection just 19 days later. The cards are priced at $99 each and are intended to be “collectible items for individual enjoyment only, not for investment vehicles.”
Each card features a “unique pre-assigned rarity”. Customers who purchase 47 Trump NFTs will have the opportunity to dine with the former president. In a Truth Social post, Trump said: “I’m pleased to inform you that due to the great success of my previously released digital trading cards, we are making it again, Series 2, available right now.” He too he pointed which held card prices constant despite its success in the secondary market.
“I hope everyone realizes, (and) I’m sure fake news won’t, that I’m leaving the price of trading cards the same as last time, even though they’re 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 a lot more, (and) I think it would still have sold well, with a lot more money coming to me, but I didn’t choose to. Won’t they give me ‘good boy’ credit?
According nftpricefloor.comSeries 1 Trump cards have a floor price of about 0.17 ether on April 18, or $353.58 using current ethereum (ETH) exchange rates. This gives Series 1 Trump NFTs a market capitalization of approximately $15.91 million or 7,650 ether, and ranks the collection 68th among the best NFT compilations. In contrast, the Bored Ape Yacht Club (BAYC) NFT Collection has the position #1 in terms of minimum value, valued at $1.1 billion, or 530,500 ether.
What do you think about the recent release of the second Donald Trump NFT collection? Share your thoughts in the comments section below.
image credits: Shutterstock, Pixabay, Wiki Commons, Trump NFT Collection
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