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NewsTrump’s fourth NFT collection logs sales over $2 million, not tradable on secondary markets until 2025

Trump’s fourth NFT collection logs sales over $2 million, not tradable on secondary markets until 2025

Aug 29,2024,09:57

Reported by The Block: Former U.S. President Donald Trump released the fourth series of non-fungible token trading cards, “Series 4: The America First Collection,” on August 27.

Onchain data shows that in the last day, the collection has seen over 22,000 sales on the Polygon network, worth more than $2.17 million at a mint price of $99 per NFT.

Notably, this accounts for only 6% of the total possible supply of 360,000 NFTs. Trump’s fourth NFT collection features him in various poses and costumes like the three past collections. If all NFTs in this collection are minted, the total revenue would surpass $35 million.

These latest NFTs can’t be sold on secondary markets at the moment as the cards aren’t tradable until Jan. 31, 2025.

Marking a shift from his earlier skepticism, Trump has embraced the crypto community, accepting campaign donations in cryptocurrency and engaging with crypto executives.

Past Collections
Trump’s inaugural NFT collection was rolled out in December 2022. Earlier NFT series had mixed financial results for buyers, with the floor price of the first collection showing significant gains of 100%. The second and third collections experienced notable floor price losses for minters.

According to a recent financial disclosure, Trump has earned more than $7 million from his NFT collections overall.

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