SNEAK PEEK
Trump’s 4th NFT collection aims to capture renewed interest, priced at $99 each on Polygon.
Recent trading surges in Trump’s earlier NFTs highlight growing interest amid GOP’s pro-crypto shift.
Funds from new NFTs won’t support Trump’s campaign but will be managed by NFT INT LLC.
Former U.S. President Donald Trump is set to launch his fourth NFT collection, dubbed the “America First Edition.” The new series was revealed on August 27 in a promotional video, where Trump showcased digital art depicting himself in various scenarios, such as dancing and holding Bitcoins.
President Trump announces his NEW Digital Trading Cards- America First. Buy just 15 cards and get a piece of his “KNOCKOUT” Debate Suit. Buy just 75 cards or more and have a Gala Dinner with the President! Don't Miss Out! https://t.co/vrpHbxyrFG pic.twitter.com/TUYFLLD76f
— CollectTrumpCards (@CollectTrump) August 27, 2024
This release follows the mixed performance of his earlier three collections and aims to capture fresh interest from the growing community of digital asset enthusiasts.
Trump’s latest NFT venture includes 360,000 cards minted on the Ethereum-based Polygon network, priced at $99 each. If fully sold, this would mark the largest Trump NFT collection to date, outpacing his earlier releases of 44,000 and 46,000 NFTs, which quickly sold out, and a third collection of 100,000 cards, half of which remained unsold.
Buyers of the new collection who purchase in bulk are promised exclusive access to a September gala dinner and a piece of the suit Trump wore during his debate with President Joe Biden.
The new collection arrives amid a renewed surge in the value of Trump’s earlier NFTs. Following a recent incident at a Pennsylvania rally, his first NFT collection has seen its price double on secondary markets, with listings rising from $225 to $452, though still below its peak of $769 recorded in February 2023.
Recent data shows a significant increase in trading activity, with 272 NFTs sold on platforms like OpenSea, generating approximately 32.27 ETH (around $111,000) in a week.
Trump’s second NFT series has also experienced notable growth, with a 632% increase in trading volume on OpenSea, reaching 13.52 ETH. However, the third collection, the “Mugshot Edition,” launched in December 2023, has struggled, with minimal sales recorded between March and May 2024.
Trump’s embrace of NFTs aligns with a broader political shift. The Republican Party recently adopted a pro-crypto stance, garnering support from the industry. Ripple donated $1 million to the Commonwealth Unity Fund on May 15 to back John Deaton, a pro-crypto Republican candidate.
Despite criticism of cryptocurrencies in the past, Trump now recognizes their global significance. NFT INT LLC will manage funds from the latest NFT sales and will not contribute to his presidential campaign.
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