Former US President Donald Trump’s latest NFT collection sold out in less than 24 hours, generating over R$22 million in revenue, incredibly surpassing collections like Bored Ape Yacht Club in market turnover.
This collection consists of a total of 45,000 NFTs depicting the former President of the United States in various aspects, including a superhero, a baseball player, a cowboy, a man in a black suit, and gold bullion.
The NFTs with an initial price of R$500 will be used by their holders as a type of ticket to compete for various prizes, such as a round of golf at Donald Trump’s private course and a dinner with the former president.
NFTs increase by 100% within a few hours
After the total sale of NFTs in less than 24 hours, the minimum price of these assets increased by 100%, reaching R$1,000 per NFT, according to data obtained from the OpenSea digital asset buying and selling platform.
These movements represent a great success for the group’s supporters, which generates the possibility of a gradual increase in the value of these assets over the coming months.
On the other hand, various users and market experts believe that the value of NFTs is purely speculative and have warned the community against investing in this type of pool.