US presidential candidate Trump to launch fourth NFT series

Republican presidential candidate Donald Trump has confirmed plans to unveil the fourth edition of his famous NFT series.

In a Bloomberg interviewTrump has bragged about the success of his previous collections, stating that they were highly favored and sold out quickly. Specifically, he mentioned that 45,000 cards were snatched up in just one day, a success he has encountered with all three of his NFT ventures.

Notably, following the release of the MugShot edition last December, the second series registered a 3,213% increase in sales in one day.

Fans are demanding Trump’s fourth NFT collection

Trump attributed the demand for the fourth to his fans, saying they were eager for him to release another collection. He expressed joy at the enthusiastic response, describing it as a remarkable display of spirit.

Furthermore, the former US president revealed that almost all of the sales of his previous NFT collections were made in crypto. This experience gave him a new appreciation for the potential of digital currencies.

Trump positions the US at the forefront of cryptocurrency advancement

As a result, he expressed his desire for the United States to take a leadership role in developing the cryptocurrency industry. He compared the industry to a child, still in its early stages, and emphasized the importance of the U.S. staying ahead of the curve.

Trump warned that if the US does not take innovative steps, China will likely become a dominant player in the sector.

Additionally, Trump noted the changing attitude towards cryptocurrency among banking executives, specifically mentioning Jamie DimonJP Morgan CEO Trump noted that Dimon, previously outspoken in his criticism of crypto, has recently softened his stance.

Seven months ago, Dimon had witnessed before a Senate hearing that the “only” legitimate use case for cryptocurrencies was for criminal activity and tax evasion, even going so far as to suggest that the government should shut them down.

Meanwhile, despite Dimon’s vocal opposition to cryptocurrency, JPMorgan has its own native cryptocurrency, JPM Coin. BlackRock’s Larry Fink also recently admitted that he was wrong during his Bitcoin-bashing days, calling the asset digital gold and a legitimate financial instrument.

Trump’s latest hint at the launch of his fourth NFT collection comes as the cryptocurrency industry increasingly shows support for his reelection campaign.

Trump Campaign crypto endorsed donations in May. Data from the Federal Election Commission (FEC) revealed that Trump’s election campaign raised approximately $331 million in the last quarter, of which about $3 million came from cryptocurrency donations.

In yet another indication of his growing affinity for cryptocurrency, Trump said yesterday announced his choice for running mate: pro-Bitcoin Senator JD Vance.

Disclaimer: This content is informative and should not be considered financial advice. The views expressed in this article may include the personal views of the author and do not reflect the views of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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