Trump To Release 4th NFT Collection Despite Previous Sales, Highlights Crypto Support

Trump To Release 4th NFT Collection Despite Previous Sales, Highlights Crypto Support


Published Thursday 18th July 2024

Former President Donald Trump is set to release his fourth Non-Fungible Token (NFT) collection, despite previous successful sales. This move not only showcases Trump's continued interest in the digital asset space but also highlights his support for cryptocurrency. NFTs have gained significant popularity in recent years, with artists, celebrities, and now politicians like Trump jumping on the trend to monetize their digital creations. By launching his NFT collection, Trump is not only tapping into a lucrative market but also signaling his approval of the innovative technology that underpins cryptocurrencies.

Moreover, Trump's emphasis on cryptocurrency and the release of his NFT collection is seen as a strategic move to bolster U.S. leadership in the digital asset space and counter China's progress in the field. As China makes strides in developing its own central bank digital currency and exploring blockchain technology, Trump's support for cryptocurrency serves as a statement of intent to maintain America's competitive edge. By actively participating in the NFT market and promoting the use of cryptocurrencies, Trump is positioning the United States as a frontrunner in the global digital economy, challenging China's dominance and influence in the sector.

Crypto News & Headlines

Standard Chartered, Animoca Brands Join Hong Kong's Stablecoin Sandbox


The Hong Kong Monetary Authority (HKMA) has announced participants, including Standard Chartered and Animoca Brands, for its stablecoin issuer sandbox

Trending on 18th July 2024 01:23 PM

BlockFi To Begin Temporary Crypto Distributions On Coinbase In July


Bankrupt crypto lender BlockFi will begin its first temporary distribution of crypto assets through Coinbase in July, but non-U.S. clients are current

Trending on 18th July 2024 12:54 PM

Mt. Gox Creditors Face Multiple Brute-Force Login Attempts


Mt. Gox creditors are reporting numerous unauthorized login attempts on their accounts, with the claims website currently down for maintenance.

Trending on 18th July 2024 11:03 AM

Polygon (MATIC) Set For Major Upgrade And Migration To POL Token On September 4


Polygon (MATIC) is undergoing significant upgrades, including a token transition to POL by September 2024, as part of its 2.0 roadmap to enhance its Z

Trending on 18th July 2024 10:45 AM

Indian Crypto Exchange WazirX Hit By $230M Hack


WazirX, a major Indian crypto exchange, suffered a security breach where over $230 million in crypto assets were unauthorizedly transferred from its m

Trending on 18th July 2024 09:43 AM