Nfts
US presidential candidate Trump to launch his fourth NFT series
Republican presidential candidate Donald Trump has confirmed his intention to unveil the fourth edition of his popular NFT series.
In a Bloomberg article interviewTrump has boasted about the success of his previous collections, saying they were well-received and sold out quickly. He notably mentioned that 45,000 cards were snapped up in a single day, a success he has seen with his three NFT projects.
Notably, following the release of the MugShot edition last December, the second series registered a 3,213% increase in sales in one day.
Fans clamor for Trump’s fourth NFT collection
Trump attributed the demand for the fourth collection to his fans, saying they were eager to see him release another collection. He welcomed the enthusiastic response, describing it as a remarkable display of courage.
The former US president also revealed that almost all of the sales of his previous NFT collections were made in cryptocurrencies. This experience allowed him to appreciate again the potential of digital currencies.
Trump puts US at the forefront of cryptocurrency development
He therefore expressed his wish to see the United States play a leading role in this area. develop the cryptocurrency industryHe compared the industry to a young child, still in its infancy, and stressed the importance of the United States staying ahead of the curve.
Trump warned that if the United States fails to take forward-thinking steps, China will likely become a dominant player in the industry.
Former President Donald Trump is planning to launch a fourth NFT collection, according to an interview with Bloomberg. “We have a good foundation,” Trump said of the U.S. crypto industry. “It’s a baby. It’s an infant right now. But I don’t want to be responsible for allowing another…
— Wu Blockchain (@WuBlockchain) July 17, 2024
Additionally, Trump noted the changing attitude toward cryptocurrency among banking executives, specifically mentioning Jamie DimonJP Morgan CEO Trump noted that Dimon, previously outspoken in his criticism of cryptocurrencies, has recently softened his stance.
Seven months ago, Dimon had testified ahead of a Senate hearing that the “only” legitimate use case for cryptocurrency was for criminal activity and tax evasion, even going so far as to suggest the government should shut it down.
Meanwhile, despite Dimon’s vocal opposition to cryptocurrency, JPMorgan has its own native cryptocurrency, JPM Coin. BlackRock’s Larry Fink also recently admitted that he was wrong when he criticized Bitcoin, calling the asset digital gold and a legitimate financial instrument.
Trump’s latest hint at the arrival of his fourth NFT collection comes as the crypto industry increasingly throws its support behind his re-election campaign.
Trump’s campaign crypto approved Donations in May. Data from the Federal Election Commission (FEC) revealed that Trump’s campaign raised about $331 million in the last quarter, about $3 million of which came from cryptocurrency donations.
In a further indication of his growing affinity for cryptocurrency, Trump yesterday said announcement his choice as running mate: pro-Bitcoin Senator JD Vance.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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