Former president Donald Trump is among the frontrunners to win the 2024 presidential election.
A mug shot of the former president helped raise funds for Trump’s election campaign and will now be commemorated in a third collection of non-fungible tokens (NFTs).
What Happened: Trump announced the first collection of NFTs back in December 2022. Known as Trump Digital Trading Cards, the collection sold out within a day.
Available for a price of $99, the first collection of NFTs quickly surged in value and has traded well above their initial price since the launch.
In April 2023, a second collection of Trump Digital Trading Cards was released named Series 2.
Trump has returned with a third collection of NFTs, announced Tuesday via the former president’s Truth Social account.
“Due to the great Excitement and Success of my previous TRUMP DIGITAL TRADING CARDS, we’re doing it again – The MugShot Edition, available RIGHT NOW,” Trump posted on Truth Social.
The new collection will include physical versions of the cards for the first time, with every person who buys 47 cards getting a physical card that includes a piece of the suit Trump wore in the viral mug shot photo.
“This is your favorite president Donald J. Trump with some very exciting news,” Trump said in a video on the website for the NFTs.
The new NFTs have a price point of $99, in line with the price that was charged for the first two collections. The NFTs can be purchased with a credit card or with Wrapped Ethereum (CRYPTO: WETH), a tokenized version of Ethereum (CRYPTO: ETH).
Trump said in the video the NFTs and physical cards are collector’s items and something you give your kids or grandkids.
The former president said he expects the third collection to sell out fast, just like the previous two collections.
“I wish I looked as good as I do on those cards.”
Related Link: Monetizing The Mug: Trump Arrest Photo Encapsulates A Sharp Chapter In American History
Why It’s Important: The third collection of NFTs includes 100,000 digital collectibles in the collection according to the terms and conditions, which is a sharp increase from the 45,000 and 47,000 offered in the first and second collections, respectively.
The first collection included a bonus element of a dinner with the president for those who bought the required amount. Trump said…
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