Despite the mixed reactions from critics and enthusiasts, the successful sales of Trump’s NFT Trading Cards show that there’s still significant interest in NFTs.
A second series of Former President Donald Trump’s NFT Trading Cards has hit the crypto market and sold out in less than 24 hours. Designed by digital artist, Clark Mitchell, the NFTs are minted on the Polygon chain. The second series features 47,000 digital collectables priced at $99 each.
With varying levels of rarity, the entire collection sold out in less than 24 hours. According to the former president, the launch of the second series is because of the success of the first. Recall that Donald’s Trump first collection sold out in less than a day, netting over $4 million. Its prices on the secondary marketplace OpenSea also reached more than double the original price at $230.
Like the first series, the second series has been equally successful, recording approximately $4.65 million in sales within its first 24 hours. Traders who purchased up to 47 tokens would win a dinner with Trump in Florida, while those with 100 tokens would get a dinner and a unique collectable with new rarity traits.
Reactions Trail Trump’s NFT Trading Cards
Meanwhile, Trump’s NFT Trading Cards have caused a stir in the crypto market, with mixed responses from traders and enthusiasts. While some believe the former president’s entry into the NFT space could spur wider mainstream adoption, others believe it won’t last.
According to the developers, the trading cards are apolitical and have nothing to do with any political campaign. Independent journalist, Ed Krassenstein, believes the cards are “Trump’s attempt to paint himself as the ‘alpha male’ he always wanted to be.”
GOP strategist Mike DuHaime believes the launch of the cards is an embarrassment. DuHaime said as much in a conversation with the Wall Street Journal. Some critics go further to state that it is a way for Trump to make money and stay relevant in the public eye.
Despite the mixed reactions from critics and enthusiasts, the successful sales of Trump’s NFT Trading Cards show there’s still significant interest in NFTs. As the NFT market continues to evolve, it will be interesting to see how digital trading cards like Trump’s will shape the future of the industry.
An experienced writer with practical experience in the fintech industry. When not writing, he spends his time reading, researching or teaching.
