Sales of Trump's first NFT collection are up 860% after launching a second
Sales of former U.S. President Donald Trump's first NFT collection rose 860% after the launch of the second
The former U.S. president released a new series of 47,000 tokens, it was sold out within 24 hours
Sales of Donald Trump's first NFT collection rose 860% after the launch of a second series of tokens. According to the Cryptoslam platform, secondary sales of items from the first issue of Trump Digital Trading Cards totaled $384k overnight. During the week prior to the announcement of the new NFT batch, sales were $20k to $40k a day.
Sales of the second series of digital cards with the image of the former president of the United States started on April 18. He appears on them as Elvis Presley, the chess king, in company with a fire lion and in other flamboyant images.
The new collection includes 47,000 NFTs - 2,000 more than the first issue. Buyers of the 47 tokens get the chance to be a guest at a dinner with Trump at his Mar-a-Lago resort in Florida. The number 47 may serve as a hint of his intention to become the 47th president of the United States.
The cost of the "cards" is $99. However, as indicated on the site, all tokens are already sold out.
The first collection of 45 thousand NFTs on the Polygon blockchain Trump released last December. There were 44 thousand tokens for sale. All tokens were sold out in the first 24 hours, the initial sales brought the project almost $4.4 million.
Despite the growth in sales of cards from the first collection, the minimum price for them on the largest NFT marketplace OpenSea dropped by 64% per day and is 0.1396 ETH ($279), which is almost three times the original cost of tokens.
- Analysts call the collapse of FTX the catalyst for a new bullish cycle of cryptocurrencies
- "Your Own Bank. When cryptocurrencies will be available to everyone
- Ethereum's stacking value fell by $1.3 billion after the Shapella fork
- Ethereum's rise in price has brought a newcomer to the top 10 cryptocurrencies
- The Future of Cryptocurrencies: What are the Benefits of Decentralized Finance
- SEC warned of a possible lawsuit by cryptocurrency exchange Bittrex
- Blockchain project Chia applied to the SEC for an IPO