Donald Trump NFT ‘Trading Cards’ make a comeback for Round 2
Former POTUS Donald Trump took to Instagram after more than two years to announce the second round of Trump NFT Trading Cards.
Like the previous collection, Trump’s second round of ‘Digital Trading Cards’ sold out quickly.
Donald Trump Back at it with ‘Series 2’ NFTs
The last Instagram post made by Trump was in January 2021. But he published four posts regarding the second set of NFTs in the previous 24 hours. He stated that the “huge success” of the previous digital trading NFTs is the reason for the second series.
The Trump Cards website specifies: “Each Series 2 Trump Digital Trading Card has a unique pre-assigned rarity. Some will be one-of-one (the only one in the world), while others will be limited.”
The website says no Trump Digital Trading Card will contain more than ten copies.
Trump is shown holding the Liberty or State House Bell on the poster for the second series. He has a superhero costume in this round as well. A dinner with the 45th president is offered to every customer with 47 cards.
According to a sales update from Trump, his “Digital Trading Cards SOLD OUT, IN RECORD TIME, About $4.6 Million.”
His first batch sale brought in well over $4 million. Meanwhile, Donald Trump earned between $100,000 and $1 million through NFTs, according to a filing dated April 14 that BeInCrypto previously cited.
Prices of Gen 1 Trump NFTs are falling
Although the former president’s NFT venture was profitable, the critics have also come out harshly. Speaking to the Wall Street Journal, GOP strategist Mike DuHaime described the former president’s new effort as embarrassing.
Meanwhile, just like his first collection, each of the Trump Digital Trading Cards NFTs was priced at $99. In the Instagram post, Trump said,
“I could have raised the price MUCH HIGHER and I think it still would have sold well, with a lot more money coming my way, but I chose not to. I WANT NO CREDIT FOR ‘NICE GUY’?”
But the introduction of Series 2 has reduced the value of the first collection. According to NFT Price Floor, the price floor for Trump Digital Trading Cards has decreased by 60.37% in the last 24 hours.
The Trump Digital Trading Cards price floor is currently 0.17 ETH. During the last day, trading volume reached 176.62 ETH with 1,180 sales.
Prior to his prosecution and arrest last month, Trump’s NFT trading cards had risen dramatically before the trend reversed.
The first series was released on the Polygon chain last December.
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