In a recent development, former US President Donald Trump is increasing his presence in the world of NFTs by selling more tokens. This move comes despite the market for his original sets of NFTs witnessing a significant crash. These NFTs are digital artifacts that are associated with important milestones from his presidency. They are represented through artwork and are sold as tokens on the Ethereum blockchain.
Trump’s decision to release more NFTs can be seen as a strategic move to capitalize on the crypto boom and monetize his political legacy. However, this venture is not without risk, as the NFT market is notoriously volatile, with the value of many tokens plummeting soon after their initial surge. Despite this, it appears that the former president is undeterred and is keen on expanding his footprint in this emerging digital marketplace.