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HomeCryptocurrency NewsTrump drops more NFTs ahead of presidential run

Trump drops more NFTs ahead of presidential run

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There have been 38,001 digital nonfungible tokens (NFTs) trading cards using the image of former US President Donald Trump released on Polygon (MATIC).

The collection was introduced on April 18 for a price of $99 each. According to data from NFT marketplace OpenSea, it now has a floor price of 0.0659 ETH ($145) and has generated a volume of 592 Ether (ETH), or more than $1.2 million.

Related:Trump Earned Up to $1 Million from NFT Sales

The initial subscription provided an extra $3.76 million in revenue based on a sale price of $99, while the sales have generated over $100,000 based on the creator fee of 10%.

Related:Discover how to create NFT in just 6 easiest steps!

Posting to Instagram, Trump suggested that he kept the price the same as it was for the first series “because I want my fans & supporters to make money, & have fun doing it,” adding:

“I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn’t choose to do so. I WILL BE GIVEN NO ‘NICE GUY’ CREDIT?”

According to OpenSea, the first series, which debuted on December 15, has experienced a 61% decline in floor price over the past day despite a 1,011% rise in trading volume.

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