Donald Trump Unveils New NFT Collection
Former US President Donald Trump revealed a new set of non-fungible tokens (NFT) via a Truth Social post on Aug. 27.
Like the previous installments, the cards are issued by NFT International LLC and cost $99 each.
Similar to previous Trump-inspired collections, the “Series 4: The America First Collection” features 50 digital cards containing images of the presidential candidate, including his notorious dance and some pictures of him holding Bitcoins (BTC).
Additionally, acquiring multiple cards offers the buyers physical experiences, ranging from gold Trump-themed sneakers for a 5-card buy to dinner with Trump for a 75-card buy.
Notably, a 15-card buy grants the buyer a physical card of Trump with a piece of the suit he used in the June 27 debate.
The highest value package is limited to the first 25 buyers and is unlocked when buying 250 digital Trump-themed cards using crypto.
The buyer gets 11 different benefits, including two tickets for an exclusive dinner with Trump at his Private Club in Jupiter, Florida, on Sept. 22. This is also the only package that offers a digital card inscribed on Bitcoin’s network as an Ordinal.
Trump collections amassed $13 million in market cap
According to data from the NFT Price Floor platform, all three previous Trump-themed NFT collections underwent corrections over the past 90 days.
The floor price for the NFTs of the first collection is now sitting at $230.92, after sliding 35% in the last three months. Yet, it is still a 133% growth from the mint price of $99. Additionally, the number of sales in the same period grew by 14%.
However, “Series 2” of Trump’s NFTs didn’t get the same attention from investors. The floor price of the digital cards is currently $44.16, which is 55.4% below the $99 mint price.
Over the past 90 days, sales have fallen by 13%, while the floor price has sustained a nearly 43% drawdown.
The “MugShot Edition,” which was released in December last year, has a floor price of $129.53. This equates to a roughly 31% growth from its $99 mint price, despite a 25% pullback in the past 90 days.
Combined, the three Trump-linked NFT collections launched so far are worth over $13 million as of Aug. 27.
