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Former US President Donald Trump Rolls Out Second Round of His NFT Collection

Former US President Donald Trump Rolls Out Second Round of His NFT Collection

At the time of writing, more than 7,400 users have already purchased "Trump Digital Trading Cards Series 2."

Former United States President Donald Trump has unveiled a second series of non-fungible token (NFT) trading cards, dubbed Trump Digital Trading Cards Series 2.

In total, the new collection contains 38,001 NFT trading cards minted on Polygon (MATIC)

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Launched on April 18th, the collection initially sold for $99 per NFT. According to the OpenSea data, since then, the floor price has risen to 0.055 Ether (ETH), or around $110. On top of that, the collection accumulated a trading volume of over $1.3 million, or 692 Ether (ETH).

The creator fee of 10% has generated more than $100,000, while the original subscription brought in an additional $3.76 million in revenue based on the $99 sale price.

In an Instagram post, Trump shared that he maintained the same price as the first series to ensure his fans and supporters could profit and enjoy the experience. He added:

I could have raised the price MUCH HIGHER, 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?

The initial NFT series, which was released on December 15th, has seen its floor price drop by 53% within the last 24 hours. However, the trading volume has spiked by a whopping 188%.

It is worth noting that Trump's venture into NFTs saw a surge in prices when the news broke that the former president is facing indictment and arrest.

The release of Trump's second NFT collection has generated significant revenue and stirred up rumors about his political intentions, capturing the attention of both supporters and critics alike.

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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