Within hours, Donald Trump’s second NFT collection sold out
A record number of copies of Donald Trump’s second NFT collection have been sold. Series 2 of the Trump Digital Trading Cards, released on 18 April, brought the former President millions of dollars.
Trump released his first digital collectibles set in December 2022, just four months after releasing the new collection.
In an effort to promote NFTs, Trump returns to Instagram
To promote the launch of his new digital trading cards collection, Donald Trump returned to Instagram after more than two years. The news was first shared on Truth Social, his own social media platform.
Similarly to the first collection, each NFT cost $99. The Polygon blockchain will be used to create all tokens. The NFTs were sold out in six hours, netting $4.6 million.
On Instagram, the former President wrote:
“I hope everyone notices, and I’m sure the Fake News won’t, that I’m keeping the Trading Card price the same as last time, even though they’re 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 while having fun.”
The collection included 47,000 NFTs, which might be taken as a subconscious nod to Trump’s re-election as the 47th President of the United States. Users who purchased 47 NFTs will be invited to a dinner with Trump at his Mar-a-Lago estate in Florida.
It’s worth noting that the publication of the new collection resulted in a 44% drop in the floor price of the Series 1 digital trading cards.
Despite Trump’s recent indictment in New York, the previous NFT set managed to not only preserve but substantially increase its floor price. Donald Trump made up to $1 million from the sales of his first NFT line, as previously reported.
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