Donald Trump Hints at Launching Fourth NFT Collection

US presidential candidate Donald Trump has suggested the release of a fourth NFT collection due to “community demand.” He made this statement in an interview with Bloomberg.

“I’m going to launch another [collection] because that’s what the people want,” he stated.

Trump cited the successful experience of the MugShot series, which was dedicated to the theme of his current criminal charges. The tokens sold out in a day instead of the year allocated for this, the politician noted.

Since 2022, the billionaire’s team has been actively promoting his brand in the cryptocurrency world — for instance, through the NFT collection Trump Digital Trading Cards.

Trump’s views have significantly shifted with the start of the election campaign. The Republican candidate has likely identified cryptocurrency supporters as an important voter group.

According to the presidential candidate, such experiences have “opened his eyes” to digital assets in general. He expressed a desire to make the US a leader in this field and not allow other countries like China to “take over.”

Trump also acknowledged the changing attitude towards the industry from banks.

Betting on Politics

Bets on winning the US presidential election in November have led to record activity on the prediction platform Polymarket, according to Dune Analytics.

The transaction volume on the platform since the beginning of July reached $118 million — more than any other month in its history. In terms of active traders, July’s figure (22,540) still lags behind June’s (29,432).

The total volume of open positions on the outcome of the US presidential election reached $263.9 million. Trump’s probability of victory is estimated at 70%.

Deribit has taken note of this excitement. Starting July 18, the cryptocurrency options exchange will launch a new contract on the outcome of the US elections.

Early Introduction of 8 November US ELECTION Expiry ??

Based on client demand, we have decided to introduce the 8 November 2024 options expiry ahead of the regular introduction timing.

The early introduction is aimed at enabling our clients to position themselves effectively… pic.twitter.com/FAkCkROUwr

— Deribit (@DeribitExchange) July 16, 2024

On July 15, Trump secured enough votes at the Republican Party convention to become the official candidate for the presidency in the 2024 elections.

He has chosen Ohio Senator J.D. Vance as his vice-presidential candidate.