The NFT market has seen a decline in popularity since its peak in 2021. While there was a slight increase in NFT activity towards the end of 2022, the prolonged bear market has slowed down the growth of non-fungible tokens.
Amidst the falling market, one NFT collection stood out. That was the NFT collection by Donald Trump. Trump launched his first NFT collection on December 15, 2022. Known as the “Donald Trump Digital Card Collection,” the collection began to trade with a floor price of $99.
The Trump NFT collection grew widely popular, with the floor price even spiking by 30% after his indictment news. The former US President has come up with the second series of his digital card collection for the NFT community.
In case you're still kicking yourself for passing on the Trump NFTs the first time around pic.twitter.com/wz83Sb6WTs
— Republican Accountability (@AccountableGOP) April 18, 2023
Trump releases second collection of NFTs
According to the details in the post from Trump Truth Social, the reason for the launch of the second series is the great success of the first series of NFT. The new NFT collection will be minted on the Polygon chain with a floor price of $99.
The NFT collection features 47,000 NFTs, which is evidently 2,000 NFTs more than the first collection. The 47,000 items in his collection represent his vision to become the 47th president of the US.
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According to CollectTrumpCards website details: “Each Series 2 Trump Digital Trading Card has a unique pre-assigned rarity. Some will be one-of-ones (the only one in the world), while others will be limited.”
The website also mentioned that no NFTs will have more than ten copies in existence. Following the news of the second collection, the floor price of the first collection fell by almost half.