New NFTs from Donald Trump are coming onto the market, but here is the catch
New NFTs from Donald Trump are coming onto the market, but here is the catch
On April 18, the 45th former US President, Donald Trump, announced the introduction of his series 2 of his NFT collection after the success of his first.
According to Trump's contribution in his social network Truth Social, the new collection consists of 47,000 tokens (2,000 more NFTs than the first) that are shaped in the polygon network, whereby the same price of $ 99 per token is maintained as in the previous collection.
The embossing price remains the same as
Donald Trump mentioned on social media that, although he was able to increase the sales price of the new NFT collection due to the increasing market demand, because he decided because he wanted his fans and supporters to make money and "enjoy it".
"I could have raised the price much higher and I think it would still have sold well if a lot more money had come to me, but I didn't decide. However, it is likely that the owners of the first batch of NFTS currently have no fun. This dump new token has brought the minimum price of the collection to a standstill. According to Coingecko, the cheapest Trump NFT rose to about 0.1 ETH.
after the announcement of 0.4 ETH Price limit of the Donald Trump NFT collection. Image: Coingeckort
Measured against Donald Trump's assets that Forbes estimates at over $ 2.5 billion, it is clear that the former president does not have to sell NFT collections or have to offer collectors luxurious dinner to increase his assets.
Therefore, Trump's real goal could be to remain relevant in the social media, while he is preparing for a potential presidential campaign-assuming a scenario in which he ends up with a legal dispute against his opponents-as the additional 2,000 tokens in the new collection "47", which would mean the position of the next US president.
Trump earned $ 1 million by selling the first NFT collection
As reported by Cryptopotato , Trump may have earned almost $ 1 million with the sale of his first collection, which was introduced on December 15 at a price of $ 99 per NFT.
It showed various aspects of his life and career as president as president based on 45,000 unique NFTS that offered various prizes such as autographs and dinner with the former president.
However, it is not yet known whether the project managers and the former president have fulfilled their part of the deal and invited the winners to fabulous dinner in luxurious restaurants. It is certain that the fans and supporters of the former president continue to grow and are willing to pay hundreds of dollars for a piece of his digital life, especially now that the presidential elections are approaching and gaining rumors about Trump..
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