News

45,000 Donald Trump NFTs Sold Out Within Hours

According to statistics from OpenSea, the Donald Trump NFTs trading card collection sold out in a few hours and has already generated more than 648 ETH, or over $785,000, in trading volume.

As Coincu previously reported, each NFT includes an entry into the “Sweepstakes” for certain prizes and costs $99, while they are designed by illustrator Clark Mitchell. Additionally, these Trump Digital Trading Tokens are minted on the Polygon blockchain. Only legal residents of the 50 United States and the District of Columbia who are 18 years of age or older are eligible to enter the Official Donald Trump NFT Collection Sweepstakes.

Overall, 34 wallets now contain 100 or more pieces from the collection. Additionally, according to OpenSea data, 1,000 NFTs were airdropped to one wallet hours prior to the public sale. 673 NFTs from the collection are now owned by the second-largest holder.

Some items have already reached resale prices of almost $7,000. Trump wearing a Christmas hat is depicted on a greyscale NFT that was purchased for 6 ETH ($7,200) by NFT collector Nanitor.

Trump could have made close to $4.5 million from the mint. OpenSea’s creator fees include a 10% royalty on secondary sales, which means the project has already racked up roughly $80,000 in trades.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

Recent Posts

Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B

Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…

28 minutes ago

Trump Media Company Is Pushing New Venture For Crypto Service

With the platform facing a cracked whip, Trump Media company is expanding into new business…

1 hour ago

Crypto Advisory Council Now A White House Position Attracting Leaders

Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…

2 hours ago

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

2 hours ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

2 hours ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

3 hours ago

This website uses cookies.