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Trump Releases 2nd Batch Of His Trading Card NFTs – Will New NFTs Gain Traction?

April 19, 2023
in Blockchain
Reading Time: 3 mins read
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Trump Releases 2nd Batch Of His Trading Card NFTs – Will New NFTs Gain Traction?
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Donald Trump, the former President of the United States and crypto investor, has unleashed the second batch of his digital trading cards collection. The non-fungible token collection is part of the 47,000 Trump Digital Trading Cards minted on Polygon, an Ethereum scaling network, last year.

pic.twitter.com/eUkETZlIeT

— CollectTrumpCards (@CollectTrump) April 18, 2023

Trump Digital Trading Cards Overview

Launched in late December 2022, Trump Digital Trading Cards is a non-fungible token project featuring a limited edition of 47,000 unique NFTs. The NFT collection featured Trump disguised in various suits, such as a superhero, cowboy, astronaut, etc.

The first batch of Trump NFTs came with real-time buyer benefits, including an exclusive invite to a Trump gala dinner or a meet-and-greet with the former U.S. president. At the time, each Trump Digital Trading Card NFT collection sold at just $99.

Since its launch, Trump Digital Trading Cards have faced up and downs to some points, even plummeting more than 70% of their floor price value. It’s worth noting the NFT collection launched amid FTX impulsion, which left the majority of NFTs shedding more than 30% of their floor prices.

Despite the market up and down trends Donald Trump, the now United States 2024 presidential aspirant, successfully made more than $1 million from his NFT collection. According to an April 14 filing, Trump had earned $100,001 to $1 million through NFTs.

Donald Trump Drops More NFTs

Former President Donald Trump has launched his second collection of digital trading cards, hoping to retest his past success with the new NFTs. While commenting about the new collection through his Truth Social network, Trump remarked:

“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.”

He added:

“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?”

In the meantime, according to the OpenSea NFT marketplace, about 5,600 of the 46,000 NFTs have been minted, with the secondary price starting at 0.06 ETH (about $125). Trump has reserved the remaining 1,000 NFTs out of 47,000 for developers. Donald Trump believes the new NFTs will raise more funds than the previous batch.

Related NFT News

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