Trump to Release 4th NFT Collection, Underscores Importance of US Leadership in Cryptocurrency Sphere

Former US President Donald Trump, who was once skeptical of cryptocurrencies, has announced his intention to release a fourth Non-Fungible Token (NFT) collection.

Former US President Donald Trump has announced plans to release a fourth Non-Fungible Token (NFT) collection, revealing this during an interview with Bloomberg.

The Republican presidential nominee for the 2024 race disclosed that a new NFT collection themed around him is currently in the works. This announcement follows the successful launch of three previous collections, including 2023's "MugShot," which focused on his ongoing criminal indictments.

Trump entered the NFT market in 2021 amidst the surging popularity of NFTs. Despite his initial skepticism toward cryptocurrencies, he and his wife Melania launched collections featuring Melania's "cobalt blue eyes."

According to Trump, each of these collections sold out within a day, with 45,000 cards sold each time. "The whole thing sold out: 45,000 cards. And I did it three times [and] I'm going to do another one because the people want me to do another one," Trump stated.

In the same Bloomberg interview, Trump highlighted the importance of US leadership in cryptocurrency and cautioned against allowing other nations, particularly China, to dominate this sector.

He described crypto as being in its infancy but expressed his unwillingness to be responsible for allowing another country to take over this sphere. This shift toward a pro-crypto stance has also been evident in his recent election campaign.

According to a recent Wall Street Journal report, Trump's campaign raised $331 million last quarter, with $3 million coming from crypto donations. Major crypto companies and advocates such as Elon Musk, Coinbase, Gemini, and Kraken have contributed to the Trump campaign.

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