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Trump Launches Series 2 NFT Collection Amid Presidential Bid

Explore the latest release of Donald Trump's NFT collection and its impact on the digital market as he gears up for another presidential run.
Published on 2023-04-19

Trump NFT Collection Release

In a strategic move coinciding with his anticipated presidential run, former U.S. President Donald Trump has unveiled a second series of digital nonfungible tokens (NFTs). A total of 38,001 tokens were minted on the Polygon (MATIC) blockchain. Each NFT was initially priced at $99, capturing significant attention in the digital marketplace.

Market Performance

The collection, launched on April 18, has generated notable interest. Currently, these NFTs have a floor price of 0.0659 ETH, roughly equivalent to $145, as per data from the NFT marketplace, OpenSea. The collection's trading volume has reached 592 Ether (ETH), translating to over $1.2 million, highlighting the collection's popularity and potential investment value.

Broader NFT Trends

The release of Trump’s NFTs is part of a larger trend in the digital asset space. Major corporations like Meta are expanding their virtual reality platforms, such as Horizon Worlds, to younger audiences to boost user engagement. Meanwhile, Nike has introduced its first .SWOOSH digital collection featuring NFT sneakers, and even the iconic Smurfs are stepping into Web3 with their own NFT offerings.

Conclusion

Donald Trump’s second NFT collection exemplifies a growing intersection between prominent public figures and digital assets. As NFTs continue to gain traction, they are becoming an influential part of the digital economy, attracting both seasoned investors and newcomers alike. This release not only marks a significant cultural moment but also highlights the evolving landscape of digital collectibles in the global market.

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