Trump’s NFT Prize Collection Surfaces on Secondary Markets, Generates $53K in 24-Hour Sales – Bitcoin News

Following the launch of Donald Trump’s non-fungible token (NFT) card collection, winners of the Trump-themed prizes are selling prize NFTs on secondary NFT marketplaces such as Opensea. The Polygon-minted NFTs act as passes for a one-on-one Zoom meeting with the 45th president of the United States and a gala dinner with Trump. During the past 24 hours, the “Win Trump Prizes” collection has seen 38 ether, or roughly $53,000 in sales, on Thursday, Jan. 12, 2023.

Trump’s NFT Prize Collection Auctions off on Opensea’s NFT Marketplace

The former president of the United States, Donald Trump, recently sold a collection of non-fungible token (NFT) cards that sold out on the first day of its launch. The NFT collection caused a stir among pundits on the left side of the political spectrum. When the sale was conducted, NFT owners were given a chance to win special prizes related to Trump, including golfing with the former president, a one-on-one Zoom call, and an invitation to a gala dinner with Trump in Florida.

NFT prizes that act as tickets to Trump-themed gifts like going to a Gala dinner with the former president or attending a group Zoom call with Trump have surfaced on Opensea on Jan. 12, 2023. Sales are low for the Trump collection in comparison to other collections, as it represents only 0.18% of non-fungible token sales recorded on Jan. 12, 2023.

Those prizes were minted as NFTs on the Polygon blockchain, just like the trading card set. They are now seeing secondary sales on Opensea, the leading NFT marketplace in terms of sales volume. At 3:00 p.m. Eastern Time on Jan. 12, 2023, the “Win Trump Prizes” collection on Opensea has seen 38 ethereum (ETH), or roughly $53,000 in sales, during the last 24 hours.

At the time of writing, the Win Trump Prizes collection has a floor value of around 0.0219 ETH. One particular ticket, called a “Group Zoom Event w/ Pres. Trump,” is selling for 0.0466 ETH or $66.43 for the NFT ticket. Trump’s prize NFT sales currently hold the 48th position in terms of NFT collection sales in the last day. It has surpassed the Rarepass NFT collection, which raked in $52,458 today, and it is below the Rektguy NFT collection’s $54,444 in sales over the last 24 hours.

The Win Trump Prizes NFT collection, however, has done better in 24-hour sales than collections such as Cool Cats, Zed Run, Solana Monkey Business, and World of Women on Jan. 12. The Win Trump Prizes collection sales are lackluster and they only represent 0.18% of the $29.77 million in NFT sales on Thursday. Trump’s original trading card NFTs have seen $20,701 in sales on Jan. 12, which is 44.90% lower than the day prior.

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What do you think about Trump’s NFT prize collection and its secondary market? Share your thoughts in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




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Source: https://news.bitcoin.com/trumps-nft-prize-collection-surfaces-on-secondary-markets-generates-53k-in-24-hour-sales/