Donald Trump, the former President of the United States, has once again made waves in the world of digital art, with the successful launch of his second non-fungible token (NFT) collection, called “The Triumph of a Movement”. The series, which was minted on the Polygo...
Donald Trump, the former President of the United States, has once again made waves in the world of digital art, with the successful launch of his second non-fungible token (NFT) collection, called “The Triumph of a Movement”.
The series, which was minted on the Polygon network, sold out in record time, generating over $4.6 million in revenue.
The 38,001 NFT trading cards were initially offered at a price of $99 each on April 18. The floor price quickly rose to 0.0659 ETH ($145) according to data from NFT marketplace OpenSea, accumulating a trading volume of 592 Ether, or over $1.2 million.
The collection’s creator fee of 10% has generated over $100,000, while the initial subscription brought in an additional $3.76 million based on the $99 sale price.
Trump took to Instagram to express his delight at the collection’s success and his decision to maintain the same price as the first series, stating:
“I want my fans & supporters to make money, & have fun doing it.” He also noted that he could have raised the price “MUCH HIGHER” and still had a successful launch, but opted not to do so.”
The launch of the second collection has had an impact on the first series, which was released on December 15. While the floor price for the initial series has dropped by 61% in the last 24 hours, the trading volume has surged by 1,011% according to OpenSea.
Celebrating the successful sale of the second NFT collection, Donald J. Trump posted on his social media:
“As of 10 minutes ago, my Digital Trading Cards SOLD OUT, in RECORD TIME, approximately $4.6 Million. A great honor, and I hope everyone is Happy, Healthy, and Wealthy. CONGRATULATIONS!”
This latest development comes as rumors continue to circulate about Trump’s potential run for the presidency in the next election. While he has not officially announced his candidacy, the success of his NFT collections suggests that he still commands significant support among his followers.