Nfts
Donald Trump Announces New NFT Collection Coming
Former President Donald Trump, a self-proclaimed pro-crypto candidateintends to re-enter the NFT arena. In a interview with BloombergThe Republican presidential candidate said a fourth Trump-themed NFT collection is on the way.
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An NFT (non-fungible token) refers to a unique digital asset that can take the form of artwork, music, in-game items, videos, and other types of digital content stored on a blockchain network and traded using cryptocurrency as a medium of exchange.
In 2021, as NFTs were booming, Trump first jumped into the NFT market. Although he was a crypto skeptic at the time, Trump and his wife, Melania Trump, launched NFT collections featuring Melania’s “cobalt blue eyes.” In 2023, he launched its latest NFT collection — “MugShot,” focusing on the the subject of his ongoing criminal charges.
Trump told Bloomberg that he sold out of his previous collections in one day. “It sold out: 45,000 cards.” And I did it three times. [and] I’m going to do another one, because people want me to do another one. It’s an incredible spirit. Beautiful.
Once a crypto skeptic who denounced Bitcoin as a “US dollar scam“In an interview with Bloomberg, Trump stressed the importance of American leadership in the cryptocurrency space. He vaguely warned that if the United States missed this opportunity, China would take the lead.
Cryptocurrency is ‘a baby right now,’ says former president told Bloomberg“But I don’t want to be responsible for allowing another country to take control of this sphere,” he added.
Several Cryptocurrency Companies Donate to Trump Campaign
The Wall Street Journal reported that Trump’s election campaign raised $331 million in the last quarter, including $3 million in crypto. Amid a shift in Trump’s stance on crypto, major crypto companies and crypto advocates such as Elon Musk, Coinbase, Gemini, Kraken and others have donated to the Trump campaign.
PredictIt, an online betting site, increased Trump’s chances of election victory from 60 cents on Friday to 67 cents, while Joe Biden’s chances were 27 cents. In addition, Trump’s chances of winning the presidential election have increased further Polymarket, the world’s largest prediction marketAfter He announced JD Vance (R-Ohio), a pro-crypto senatoras his choice for his running mate.