Former US President Donald Trump launches second series of his NFT collection
The former U.S. president has recently announced the release of Series 2 of his NFT collection Trump Digital Trading Cards.
By Anna B Kiwanuka
In 2022, sales of non-fungible tokens (NFTs) experienced a general decline. However, the market experienced a surge of interest when news emerged about the launch of Donald Trump’s NFTs. On December 15, 2022, Trump unveiled his first NFT collection, titled the “Donald Trump Digital Card Collection,” which features artistic representations of his life and career.
The collection generated significant interest and quickly sold out the following day, resulting in an increase in the NFTs’ value from their initial price point of $99.
Even though Trump was indicted recently, his NFT game is still on track. To cash in on his recent popularity, Trump has now launched the second series of his NFT collection. He revealed this in his recent post on Truth Social. He informed the followers that after great success on his first NFT series, he’s expanding the collection with a second mint that’s now available.
Trump’s new NFTs will be minted on Polygon, and the floor price of the NFT will also remain the same. However, the second series will feature different art, features, and traits. Series 2 will have a total of 47,000 NFTs, 2,000 more than Series 1.
Upon the news of the upcoming collection, the floor price of the original collection on the secondary market OpenSea fell from nearly 0.4 ETH, or $840 to 0.2 ETH, or $420 – losing half of its value.
According to a recent filing from the U.S. Office of Government Ethics, Trump earned between $500,000 and $1 million from his first collection.