NFTs
Is Melania Trump’s Solana NFTs, Mother’s Day Necklace Worth Buying?
Is Melania Trump’s Solana NFTs, Mother’s Day Necklace Worth Buying?
Former first lady Melania Trump revealed a necklace and non-fungible token (NFT) collection on the Solana blockchain in time for Mother’s Day.
The design, called Her Love & Gratitude, features a gold flower pendant that can be engraved with up to 12 characters on each left, right and center side of the pendant. It also comes with a matching adjustable gold chain and retails for $245.
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“Being a mother is one of the most important roles in life. For this Mother’s Day, I designed the Her Love & Gratitude necklace to express immense gratitude and honor all mothers,” Trump said in a statement on April 21.
Each necklace purchase comes with an NFT on the Solana network.
This is not the first time that Melania or Donald Trump have benefited from the sale of an NFT project. Melania has participated in several projects, including the Head of State Collection and, more recently, a 1776 Fourth of July Collection. However, none of the projects performed well. The Head of State Collection originally sold for over $180,000, but has since plummeted in value.
Former President Trump has also been involved with NFTs. His name, image, and likeness were used to market and sell various NFT collections, such as the Trump Digital Trading Cards. The collection features 45,000 NFTs that were initially sold for $99 each. However, the minimum price of the project is currently around $250. Additionally, Akrham intelligence discovered Trump’s crypto wallet, who received more than 1,800 Ethereum (ETH). While Trump sold somehe still holds several million dollars in his portfolio.
Although Donald Trump has had better luck with NFTs than his wife, the former first lady still hopes to increase attention and sales by offering NFTs. Is it a good idea to buy one?
Donald Trump NFTs performed well and would have made a profit if you purchased them at the initial listing price. While this could potentially mean that NFTs associated with the Trump name could be profitable, some of Melania’s past projects have lost significant value for investors. Trump’s NFT projects have a clear limit on supply, while Her Love & Gratitude does not appear to have a limit on the quantity that can be sold.
While there is a small chance that the necklace and NFT could sell for more on the secondary market, it is unlikely due to Melania Trump’s supply and past NFT projects. The NFT is probably only worth it if you also plan to give or wear the necklace on Mother’s Day, which falls on May 12th.
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This article Is Melania Trump’s Solana NFTs, Mother’s Day Necklace Worth Buying? originally appeared in Benzinga. with
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