Donald Trump Releases His Own NFT Collection
The cryptocurrency industry attracts famous people from all around the place - the latest addition is former U.S. president Donald Trump.
Trump has released a collection of trading cards in the form of non-fungible tokens (NFTs).
In fact, the former U.S. president has launched an initial series of 45,000 digital NFT cards of himself, minted on Polygon’s blockchain (MATIC). The announcement was made on the social media platform Truth Social on December 15th.
It should be noted that many people were previously skeptical of the former president’s “big announcement,” suggesting that Trump would announce his candidacy for the 2024 election. The launch of the collection surprised most.
Within a day of their release, the digital cards depicting Trump’s “extraordinary life and career” were completely sold out at their original price of $99 (plus transaction fees) per token. Public interest is growing and trading continues to pick up.
At the time of writing, the collection’s trading volume has exceeded 860 Ethereum. There are over 14,500 owners of these items according to data from OpenSea.
Former first lady Melania Trump also got in on the trend before her husband, as she launched an NFT platform on the Solana (SOL) blockchain in December 2021 to reflect her “passion for the arts.”