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Donald Trump earned more than $ 7 million on NFT
According to updated financial analytics, US presidential candidate Donald Trump owns cryptocurrency assets worth up to $ 5 million and has earned more than $ 7 million from the issuance of non-fungible tokens (NFTs). According to a personal financial statement obtained by Citizens for Ethics, Trump declared assets based on the Ethereum blockchain worth between $ 1 and $ 5 million.
Trump also said that he received more than $ 7.15 million from his three NFT collections, including a project related to criminal charges and two series of Donald Trump Trading Cards. The politician hinted at the possibility of releasing a fourth NFT series, saying that «people want it.»
In August, Trump also released a line of «official cryptocurrency sneakers» that sold out in a few hours despite the price of $ 499.
Arkham Intelligence, a blockchain analysis platform, estimated Trump’s Ethereum-based crypto assets ETH $3,353.47 Bridged Ether (StarkGate) -3.35% Market capitalization $0.3 billion VOL. 24 hours $1.59 billion at $ 3.5 million. Interestingly, in early June, Trump’s cryptocurrency assets temporarily increased to $ 18 million due to a sharp rise in the price of a meme-coin called «TRUMP,» although this token has no official connection to the odious politician.
In addition to cryptocurrencies, the report also shows that Trump earned more than $ 300,000 from the sale of a series of branded bibles and $ 216 million from his Mar-a-Lago resort and golf club in Doral, Florida.