U.S. presidential candidate Donald Trump’s latest non-fungible token (NFT) collection raked over $2.2 million in sales just days after its launch.
According to recent data from Polygonscan, the “America First” NFT collection had 22,360 mints and 1,210 holders. With each mint priced at $99, the collection is estimated to have generated around $2.2 million within just two days of its launch.
This follows an announcement made by Donald Trump on August 27, 2024, about a new NFT trading card collection called “America First,” which allows buyers to attend a gala dinner with the former U.S. president.
On July 17, Trump hinted at launching a fourth NFT collection, underscoring the critical importance of the United States leading the crypto industry. He further warned that if the U.S. overlooks this sector, China could potentially dominate it. With a total supply of 360,000 NFTs, this upcoming collection could generate up to $35 million if sold out.
Donald Trump’s venture into the NFT market has been notably successful. His second series, launched in April 2023, now has a floor price of $134, reflecting a 35% increase from its original cost. The third collection, “The MugShot Edition,” released in December 2023, currently trades at a floor price of $245—a 147% jump from its initial offering.
Reflecting on the rapid sell-out of the “MugShot” collection, which sold out within a day, Trump highlighted the significant role of cryptocurrency in sales.
“I would say almost all of it was paid in crypto, in this new currency. And it opened my eyes,”
he remarked during an interview.
Meanwhile, Trump has urged the U.S. government to prioritize the growth of the cryptocurrency industry rather than “selling it off.” In a recent livestream with YouTuber Adin Ross, Trump emphasized the need for the U.S. to strengthen its crypto sector to remain competitive with China. He described cryptocurrency as a “modern” form of value exchange and warned that if the U.S. doesn’t advance in this area, countries like China will. Trump also stressed the importance of not ignoring emerging technologies such as cryptocurrency and artificial intelligence.
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