TL;DR
- Donald Trump launched his fourth NFT collection, “Series 4: The America First Collection,” on August 27, 2024.
- The collection has generated more than $2.17 million in sales, although it only represents 6% of its total possible supply.
- NFTs cannot be traded on secondary markets until January 31, 2025.
Former US President Donald Trump has launched his fourth series of non-fungible token (NFT) trading cards, dubbed “Series 4: The America First Collection.”
This launch, which took place on August 27, 2024, follows in the vein of its previous collections, where Trump is depicted in a variety of poses and outfits.
On-chain data reveals that in a single day the collection has registered more than 22,000 sales on the Polygon network, reaching a value of over $2.17 million, with a mint price of $99 for each NFT.
However, these sales represent only 6% of the total possible supply, which amounts to 360,000 NFTs.
This means that the collection has great growth potential, as if all the tokens were minted, the total collection could exceed $35 million.
Despite this promising start, one notable aspect of this collection is that the NFTs will not be able to be sold on secondary markets until January 31, 2025, which marks a significant difference compared to its previous launches, where the tokens were immediately tradable.
This launch reflects a change in Trump’s attitude towards the world of cryptocurrencies and digital assets.
Although he was previously skeptical about these technologies, he has now taken a more open stance, even accepting donations for his campaign in cryptocurrencies and establishing ties with industry executives.
Despite the mixed results of his previous collections, with the first series seeing a 100% gain on its low price, and subsequent ones suffering losses, Trump has managed to generate over $7 million in revenue thanks to his forays into the world of NFTs.
A collection of NFT with high potential and restrictions
The launch of this fourth series of NFTs shows a more controlled strategy in the management of these digital assets.
By preventing the commercialization of NFTs on secondary markets until 2025, Trump possibly seeks to maintain the value of the tokens and avoid early volatility in their price.
This decision could be an attempt to protect investors and ensure that collectors keep their assets for a longer period.
The fact that the collection has only reached 6% of its total supply suggests that there is still plenty of room for more buyers to jump on board.
The expectation that NFTs could double or even triple in value once they become tradable could lead to a surge in demand as the release date on secondary markets approaches.
On the other hand, the adoption of cryptocurrencies in Trump’s campaign strengthens his relationship with the digital community, positioning himself as a figure who understands and takes advantage of emerging trends.
This could have implications not only for their NFT collections, but also for their public image and their relationship with younger, more technologically-oriented voters.
Donald Trump’s “ Series 4: The America First Collection” not only represents a new milestone in his foray into the world of NFTs, but also reflects a more mature and calculated strategy in the management of these digital assets, with high growth potential and a focus on long-term sustainability.
