Donald Trump’s NFT Collection and Crypto Shift
Donald Trump is getting into the NFT game. The former US President is planning to release his fourth NFT collection. This news comes after the successful launch of his previous NFT collection, which sold out quickly and raised approximately $785,000.
Trump’s initial foray into NFTs began in December 2022 with the launch of his “Trump digital trading cards”. He was surprised by the overwhelming response and success, with 80% of the payments coming in cryptocurrencies.
Trump’s increasing engagement with Web3 and digital currencies has been met with mixed reactions. Some see it as a genuine embrace of the technology, while others are skeptical about his motives.
Trump’s stance on cryptocurrency has evolved. He previously criticized Bitcoin and other digital currencies, but he now seems to be more supportive. He has even stated that he wants all Bitcoin to be made in the US. This shift in his stance has sparked debate about the future of crypto and the potential impact of US regulation on the industry.
It remains to be seen what impact Trump’s foray into the NFT space will have on the broader market. However, his involvement is sure to generate attention and could potentially boost the adoption of cryptocurrencies.
