Former President Donald Trump Eyes Fourth NFT Collection

Table of Contents

Former United States President Donald Trump announced his intention to launch a fourth non-fungible token (NFT) collection.

“I’m going to do another one because the people want me to do another one,” Trump stated in a July 16 interview with Bloomberg. His previous NFT collection, titled “MugShot,” which focused on his ongoing criminal indictments, sold out within a day despite having a year-long sales window.

Trump pushes to make America the crypto leader

Crypto Payments and Growing Interest

The former President highlighted the significant role of cryptocurrency in the success of his NFT collections.

https://t.co/MlIKklPSJT pic.twitter.com/Mcbf2xozsY
— Donald J. Trump (@realDonaldTrump) August 25, 2023

“I would say almost all of it was paid in crypto, in this new currency. And it opened my eyes,” he remarked, pointing out his growing interest in ensuring the United States leads the global crypto industry.

Also read: Political Meme Coins Drop 4% After Joe Biden Calls Zelensky “President Putin”

“It’s a baby. It’s an infant right now. But I don’t want to be responsible for allowing another country to take over this sphere,” he added, expressing concerns that China might outpace the U.S. in crypto advancements.

Trump Highlights Changing Attitudes Among Traditional Bankers

The former president also noted the evolving stance of traditional banking executives towards crypto. “Jamie Dimon was, you know, very negative and now all of a sudden he’s changed his tune a little bit,” Trump continued.

Dimon, the CEO of JP Morgan, had previously faced backlash for his harsh criticism of cryptocurrency during a Senate Banking Committee hearing in December 2023, where he stated, “If I was the government, I’d close it down.”

Also read: Will FLOKI Price Overcome Resistance for a Strong Rally?

Trump’s comments come shortly after surviving an assassination attempt while speaking at a rally in Butler, Pennsylvania. On July 14, the Ethereum-based MAGA memecoin experienced a dramatic surge, spiking from $6.31 to $10.36 in the aftermath of the attack, with its total market capitalization jumping from $293 million to $469 million in under 45 minutes.

Author

Steven Walgenbach

Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

View all posts