Former First Lady of the United States, Melania Trump, has recently released a new NFT (non-fungible token) jewelry piece, despite her husband, former President Donald Trump, experiencing a decline in NFT sales due to his involvement in the election fraud scandal. The custom-made NFT jewelry, priced at $245, can be purchased through a wallet that supports the Solana blockchain. Along with the physical necklace, buyers will also receive a corresponding digital collectible NFT.
Although this necklace follows the trend of incorporating technology, it has faced criticism. The name of the necklace, “Her Love & Gratitude,” has raised eyebrows, as it is unclear whether it celebrates the love and gratitude of the mother herself or the giver’s gratitude for maternal love. The slogan for the product, “Her Love, an exquisite jewel filled with immense gratitude,” has also been deemed peculiar. Critics point out that the necklace lacks any gemstones and is simply a gold-plated silver jewelry piece.
Nevertheless, Melania Trump’s passion for releasing NFT collectibles is evident. In 2021, she launched the NFT series “Melania’s Vision,” collaborating with French artist Marc-Antoine Coulon to create watercolor-style artwork. A portion of the proceeds from the NFT sales was planned to be used for the education of children in foster care or disadvantaged families.
USA Memorabilia, a digital collectibles website, also features two NFT series created by Melania Trump: “The American Christmas Collection” and “The POTUS Trump NFT Collection.” However, these series have garnered relatively lower levels of popularity and discussion.
Former President Donald Trump himself has also ventured into the NFT market, issuing two NFT releases that caused a stir. In December 2022, he announced the launch of his first NFT series, “Donald Trump Digital Trading Card,” with a total supply of 45,000 cards priced at $99 each. In April 2023, he released another batch of 47,000 NFTs at the same price. However, the second release led to a drop in the floor price of the first NFT series, from a high of 0.4 Ether to a low of 0.1 Ether.
Currently, Donald Trump’s NFTs are experiencing relatively low trading activity on various platforms. According to data from NFT marketplace OpenSea, the last recorded transaction for a Trump NFT occurred 22 days ago, with the two NFTs selling for an average price of 0.0652 Ether, approximately $217.
Data from analytics platform CryptoSlam reveals that Trump NFTs generated sales of $60,217 in the past 30 days, a 79% decrease compared to the previous three months. The number of transactions has plummeted by 97% within the same 30-day period.
Source:
NFT Plazas
The Defiant