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NFTs

What are Trump NFTs?

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What are Trump NFTs?

Your guide: What are Trump NFTs?

No matter where you are in the political aisle, it’s probably safe to say that there is a market for everyone.

If you’re into the crypto space, you’ve probably already seen a new NFT from former President Donald Trump hit the market.

So, today we will answer the question: “What are trump NFTs?

Keep reading to find out

Read too: Justin Bieber’s $2 million NFT is now worth less than $100,000

What are Trump NFTs?

What is an NFT?

An NFT is short for a non-fungible token. These are digitized assets that maintain a unique identifier that verifies ownership. This identifier is within the blockchain of the image, music, etc. specified and cannot be changed. So this is where these assets get their value from.

The Trump NFT is an NFT-like digital asset on the Bitcoin blockchain. You may have seen ads under the guise of “Trump Trading Cards”.

What are Trump NFTs?What are Trump NFTs?

How Much Did Trump Make Selling NFTs?

Based on research and according to CNBC, it appears that former President Donald Trump made somewhere between $100,000 and $1,000,000 from proceeds from selling NFTs.

Read too: Manchester City and OKX Crypto Exchange Partner for New NFTs

What are Trump NFTs?

Trump NFTs are the 45th United States president’s first entry into the market. Specifically, these non-fungible tokens are trading cards that depict patriotic, fictional interpretations of the former president.

When they arrived, the value of the assets had risen. not just because of the inherent attraction of this digital asset, but because of much of the advertising and rewards that come with it.

During their initial launch, these NFTs came with the chance to win specific prizes. This ranges from meeting Trump himself to interesting things. That’s a big part of why they were so highly valued when they first hit the market.

What are Trump NFTs?What are Trump NFTs?

Conclusion

In conclusion, no matter where you are in the aisle, the simple fact that a former president can make over $100,000 from selling NFTs shows the lucrative opportunities in crypto.

So the next time you are looking for a new way to earn passive income, you can try creating NFTs.

Good negotiations.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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NFTs

Non-Fungible Items; Picking Up Where NFTs Left Off — COZ Co-Founder Tyler Adams – Op-Ed Bitcoin News

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Non-Fungible Items;  Picking up where NFTs left off - Tyler Adams, Co-Founder of COZ - Op-Ed Bitcoin News

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

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Solana Monkey Business Leads NFT Sales with $875,91K

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Solana Monkey Business Leads NFT Sales with $875,91K

Floptober NFT from above

Image: AI-generated via Midjourney

Solana Monkey Business topped CryptoSlam’s non-fungible token (NFT) sales charts on July 22 with $875,914 in total sales.

The collection had 122 unique buyers, equaling the number of sellers, and an average price of $5,308 per NFT.

This increase in daily sales boosted the SMB’s all-time sales volume to a new record of $212.48 million.

The Solana-based ape-themed collection entered the list of the top 30 NFT sellers of all time over the weekend, knocking SATS BRC-20 NFTs off the rankings.

The second best performing collection of the day was gETH Locked Deposit.

This NFT, which represents gETH locked on the Ethereum layer-2 network Arbitrum, saw a daily sales volume of $583,047 from just one transfer.

The asset was brother-in-law just moments before the transfer is made.

In third place, DMarket’s NFTs and in-game virtual items on the Mythos Network saw a total of $565,002 in sales.

The collection attracted 3,254 unique buyers and 2,848 sellers, with an average price of $24.66 per item. Active DMarket owners stood at 5,111, contributing to a total owner count of 397,931.

Outside of the top three, Ethereum’s DogeZuki Collection came in fourth place with $436,787. Bored Ape Yacht Club, another Ethereum collection, had total sales of $341,576 for fifth place.

While a Solana collection led the day’s results, the network’s total NFT sales for the day were slightly outpaced by Ethereum.

Ethereum led all blockchains in sales on Monday with $4.2 million, with Solana close behind at $4.1 million.

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