A
ammu40
Guest
Former US President Donald Trump's Series 2 NFT collection, titled Trump Digital Trading Cards, sold out in record time, bringing in millions of dollars on April 18th. Just four months after releasing his first set of NFTs in December 2022, Trump utilized his social media platform, Truth Social, as well as Instagram, to promote the launch. The NFT collection was priced at US$99 each and minted on the Polygon blockchain. In just six hours, all 47,000 NFTs in the collection were sold, generating a total of US$4.6 million. Notably, the launch caused a dip in the floor price of the Series 1 digital trading cards by 44%. Despite Trump's recent impeachment in New York, his NFT collections have seen significant sales, with his first collection reportedly earning him up to US$1 million.