2023-04-20 21:16:52
Donald Trump launches a second collection of NFTs. The former president of the United States hopes to meet with the same success, even if it means plunging the price of his first collection.
The former President of the United States, Donald Trump, is launching a new collection of NFTs bearing his image. News, because this is not the first time that the billionaire has embarked on the Web3 adventure. Indeed, in December 2022, the businessman released a first collection of 45,000 cards. Titled Trump Digital Trading Cards, this one sold out very quickly, at $99 each.
In the hope of repeating the feat, the former statesman is therefore releasing a “Series 2”. Note that, this time, the collection has 47,000 NFTs. A deliberate nod according to some observers, since Donald Trump intends to find his way back to the White House in 2024 to become… the 47th President of the United States.
Series 2 hits, Series 1 collapses
Concretely, the second series follows in the footsteps of its elder. The collection is minted on Polygon and each card is sold for $99. On his Truth Social network, Donald Trump was also pleased to have maintained prices “so low”even splitting a spade towards the “Fake News”. “I hope everyone will notice, [et] I’m sure the Fake News won’t make it, trading cards are priced the same as last time, even though they are selling for MUCH MORE (it’s called the MARKET!)”he said in particular.
However, if this new collection is well received by the public, the Series 1 cards suffer directly. While NFTs were still selling for $835 in the secondary market, the announcement literally caused the value of the first collection to plummet. By doubling their number, they lose their rarity effect. Result of the races, Series 1 lost more than 50% of its value in the space of a few hours.
Finally, like last time, buying multiple NFTs grants a few bonus gifts. Against the acquisition of 47 NFT, the ex-president will invite you to dine with him at his Mar-a-Lago golf club in Florida. And if you feel like it, know that the purchase of 100 Series 2 cards allows you to leave with a dinner and a unique work of art, made on the theme “Trump”. You still have to want it.
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