The NFT realm is not in its best shape right now. The hype and popularity of various NFT collections has plummeted this year as the prolonged bear market affected the prices of several cryptocurrencies. To compound the problems, the fall of the Terra ecosystem in May and the recent collapse of FTX have made things even worse.
Several notable companies, brands and personalities started dropping their NFT collections one by one. However, the recent significant drop-off has pushed them to a corner for not being that relevant.
According to the recent announcement, former United States President Donald Trump has made his way into the NFT empire.
Donald Trump releases his first NFT collection
Donald recently shared a post on Truth Social, an American social media platform. According to the details of the tweet, Trump is releasing his first official “Donald Trump Digital Trading Card Collection”.
He indicated that these digital cards will be a limited edition series and will feature art from his life and career. Trump also claimed that it looks very much like a baseball card, but much more exciting.
Trump’s NFT collection falls right into the month of December, and he emphasized that it would make a great Christmas present. In fact, many would argue that Trump dropped his NFT collection during a tough market condition.