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The second round of Trump's personal NFT series is sold out again
yesterdayinformation, Trump announced on his social platform Truth Social that he will launch the second series of his personal NFT collection "Trump Digital Trading Cards". The series of NFTs will also be minted on the Polygon blockchain, priced at $99 each, for a total of 47,000 NFTs.
According to data from the official website that day, the second series of "Trump Digital Trading Cards" were sold out within 24 hours of opening.
CryptoSlam data shows that in the past 24 hours, the NFT series ranked first in sales. Since its launch on Tuesday, it has surpassed $2.7 million in sales and has 7,394 owners. The degree of enthusiasm is evident.
In fact, as early as December last year, the former US president announced on Truth Social the release of a limited-edition NFT series "Trump Digital Trading Cards", priced at $99 each. The collection will be minted on the Polygon blockchain with an initial total of 45,000 NFTs minted. Buying 45 NFTs will get you a ticket to a dinner with the former president (Trump has said something similar before, but never delivered). This series of NFT can support credit card and WETH purchases, and requires KYC and email. The rarity of NFT is different, and the level ranges from 1-10.
The series of NFTs were all sold out on the first day of release. According to OpenSea data, a total of 45,000 NFT transactions exceeded 648 ETH, or about $785,000.
At that time, Trump also specifically expressed interesting views on this matter. In an interview with OAN, he talked about his NFT series and said: "I didn't know anything about NFT, and then a group of people came and they showed me the art and made me like it. You know, it's kind of like comic book art. I said, I've always wanted to have a 30" waist. But, I don't see these NFTs as an investment, they're cute, and for $99, you get really beautiful and Interesting imagery, at first people thought it might take six months to sell out, but it sold out in the last six hours."
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Troubled ex-president sparks personal NFT craze
It is not difficult to find that the sales performance of such celebrity-themed NFT series is often closely related to their real-time experience. For example, for the week beginning Jan. 16, daily sales of “Donald Trump Digital Trading Cards” jumped nearly 800 percent from Tuesday to Wednesday, jumping from about $34,000 to more than $306,000, according to CryptoSlam data. On Friday morning (January 20), its 24-hour trading volume rose by as much as 1900%.
While there is no specific reason for the sudden surge in trading activity, some crypto folks on Twitter believe the increase in demand is related to a report that Trump plans to return to the mainstream social media network. He was previously banned from Facebook and Twitter for inciting the Jan. 6 attack on the U.S. Capitol.
In late March, another explosive news surfaced again. Although people have long been familiar with the former president's behavior, Trump is really in big trouble this time.
According to reports, a Manhattan grand jury voted on March 30 to indict Trump, making him the first former U.S. president to face criminal charges.
Not surprisingly, “Donald Trump Digital Trading Cards” saw a nearly 300% increase in trading volume in 24 hours. The series of NFTs had an initial launch price of $99 and have since gained 1,096%.
According to news on April 5, according to the British Sky TV report, Trump was formally arrested. It is reported that Trump arrived at the Manhattan Criminal Court in Lower Manhattan, New York, to appear in court for arraignment. The indictment against Trump by a Manhattan grand jury charged Trump with 34 felony counts of falsifying records, and the felony charges mean Trump could face a maximum sentence of 136 years in prison.
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Will there be a new series of Trump NFT?
It seems that whether Trump is "leaking in the house and raining overnight" or "a village with dark flowers and bright flowers", it will bring considerable enthusiasm to his NFT series, which in turn will arouse the enthusiasm of NFT players. But having said that, even experts say it is difficult to predict the final direction of Trump's indictment. As an interested NFT investor, you can pay attention to the progress of the event so that you can "sell" at the right time.
Maybe in the near future, Trump will launch more series of "Donald Trump Digital Trading Cards", which is of course very popular for the currently tepid NFT market. If Trump has felt the enthusiasm of users and tasted the sweetness in the first two series releases, it seems reasonable to launch a new series-after all, he can "gain both fame and fortune", so why not do it?
