Donald Trump NFT Collection SOLD OUT For $4.5 Million

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Donald Trump NFT Collection price has increased to about 0.19 ETH, or $230, more than double what it was originally, as quoted by OpenSea.

A day after its initial release, ex-President Donald Trump’s non-fungible token (NFT) digital trading card collection was sold off early Friday.

The trade volume for the collection at the time of writing was 900 ETH, or roughly $1.08 million, according to data from OpenSea. Its floor price, which is more than twice the original price of $99, is around 0.19 ETH, or roughly $230.

Once the collector buys an NFT trading card, they are automatically enrolled into a “sweepstakes” to win experiences with Trump, such as a zoom call, a dinner in Miami, or a cocktail hour at Mar-a-Lago. These trading cards’ rarity characteristics vary from one-of-ones to “10, 2, 5, or 5 copies.”

According to Trump, the NFTs “relate to my life and career” and feature digital images of the former president in various roles, notably astronaut, race car driver, cowboy, and superhero.

Donald Trump used his platform to promote his NFT collection. NOW, GET YOUR CARDS! Just $99 each! Would be a wonderful Christmas present. Stop waiting. I think they’ll be gone very fast.

Donald Trump NFT Collection SOLD OUT For $4.5 Million
Source: Collect Trump Cards

Some tokens are going for significantly more value than others. At the time of writing, the one-of-ones, the rarest of the NFTs, which make up approximately 1,000 or 2.4% of the 45,000 unit collection, are going for up to 6 ETH each.

A unique trading card portraying the 45th president holding a torch while standing in front of the Statue of Liberty is presently priced at 20 ETH, or about $24,000. 3.5 tokens were generated by almost 13,000 users after the collection’s release, according to statistics from Dune Analytics.

Additionally, 115 users purchased 45 NFTs, the minimum amount required to reserve a ticket for dinner with Trump; 17 others purchased 100 NFTs, the maximum number authorized to be minted, according to the Trump Trading Card website.

Dune’s additional metrics, however, reveal that other wallets held significantly more.

One Gnosis Safe multi-signature wallet currently holds 1,000 NFTs, many of which are one-of-ones, and it seems that this wallet is the one collecting royalties from the NFTs’ secondary sales.

Also Read:

NFTs To Invest In 2022

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Mufasa
Mufasa
Mufasa is the lead writer at CryptoMufasa who likes to share all the latest info on the crypto world with you! Mufasa Enjoys enjoys a good read and recommendations so don't forget to comment on the posts and let him know.

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