Trump’s Second NFT Collection Sells Out While Prices On First Collection Plunge

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Trump’s second NFT trading card collection has sold out, though the hype surrounding his Web3 debut appears to be cooling off. camgthompson reports

The new collection features 47,000 tokens, which sold for $99 each, this time with limited one-of-one NFTs and autographed cards.

. The first collection was a surprise success and its floor price quickly jumped in the 24 hours following the sale, with prices on secondary marketplace OpenSea reaching 0.19 ETH, or about $230 – more than double the original price. Trading volume also crept up to 900 ETH, or $1.08 million, on the day following the sale.from the NFT project via a licensing deal he inked with the collection’s creator.

While the price of ETH today is hovering around $2,000, the returns on the second collection are already looking lower for holders in terms of speculation and utility. The While many of the tokens appear in the same style as the first collection, with artwork of the former president in different outfits and backgrounds, the new tokens feature Trump participating in activities such as playing guitar at a concert, hosting a barbecue, a “king” chess piece, and even wrangling a lion.

 

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