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.

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