Former U.S. President Donald Trump’s latest non-fungible token (NFT) release, “Series 4: The America First Collection,” has surpassed $2 million in sales within its first day. Launched on August 27, the collection has seen over 22,000 sales on the Polygon network, generating more than $2.17 million at a mint price of $99 per NFT.
This latest NFT collection, which showcases Trump in various poses and costumes, represents just 6% of the total supply of 360,000 NFTs. If all NFTs are sold, the total revenue could exceed $35 million. However, these NFTs are not tradable on secondary markets until January 31, 2025.
Trump’s embrace of NFTs marks a notable shift from his previous skepticism. The former president has increasingly engaged with the crypto community, accepting campaign donations in cryptocurrency and interacting with crypto executives.
Trump’s NFT journey began with his inaugural collection in December 2022. The first series saw a significant increase in floor price, with gains of up to 100%. However, subsequent collections, including the second and third series, experienced losses in floor price for buyers.
According to recent financial disclosures, Trump has earned over $7 million from his NFT collections overall.
