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Donald Trump Teases 4th NFT Assortment Amid Fears of Chinese language Crypto Domination

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Donald Trump Teases 4th NFT Assortment

YEREVAN (CoinChapter.com) — Former President Donald Trump revealed that he’s considering launching a fourth non-fungible token (NFT) assortment. In a current interview on July 16, Trump stated,

“I’m going to do another one because the people want me to do another one.”

Trump's Fourth NFT Collection Announcement

Source: Phillip Lord
Trump’s Fourth NFT Assortment Announcement. Supply: Phillip Lord

He proudly famous the success of his earlier NFT assortment, “MugShot,” which offered out in simply someday.

“We had one year to sell it out, and it sold out in one day,”

Donald Trump acknowledged. The “MugShot” assortment was themed round his ongoing legal indictments, including a novel twist to the digital belongings.

 Trump's Mug Shot NFT Promotion

Source: Donald J. Trump
Trump’s Mug Shot NFT Promotion. Supply: DonaldTrump

Trump Warns In opposition to Dropping U.S. Management in Crypto to China

Trump emphasised the significance of america sustaining a management position within the cryptocurrency trade. He confused that the nation shouldn’t permit one other nation to take over this sphere.

“It’s a baby. It’s an infant right now. But I don’t want to be responsible for allowing another country to take over this sphere,”

Trump stated. He identified that China is “pretty advanced in that sphere,” highlighting the potential risk of shedding the lead within the crypto market.

Donald Trump Highlights Jamie Dimon’s Shift on Cryptocurrency

Trump additionally acknowledged the shift in attitudes in the direction of cryptocurrency amongst conventional banking executives. He talked about Jamie Dimon, CEO of JP Morgan, who was initially very unfavourable about cryptocurrency however has since softened his stance.

“Jamie Dimon was, you know, very negative and now all of a sudden he’s changed his tune a little bit,”

Trump stated. Dimon had confronted criticism from the crypto trade for his harsh phrases in opposition to cryptocurrency at a Senate Banking Committee listening to in December 2023.

“If I was the government, I’d close it down,”

Dimon had stated on the time.

Jamie Dimon Calls for Crypto Shutdown

Source: Jason A. Williams
Jamie Dimon Requires Crypto Shutdown. Supply: Jason A. Williams

MAGA Memecoin Surges After Assassination Try on Trump

The interview got here simply days after an assassination try on Trump whereas he was talking at a rally in Butler, Pennsylvania. On July 14, a fast surge within the Ethereum-based MAGA memecoin following the try on Trump’s life.

The price of MAGA memecoin soared following an attempt on the life of the former president. Source: DexScreener
The price of MAGA memecoin soared following an try on the lifetime of the previous president. Supply: DexScreener

Just lately, the memecoin’s price spiked from $6.31 to $10.36, with its complete market capitalization leaping from $293 million to $469 million in lower than 45 minutes. Above all, this incident underscores the unstable and dynamic nature of the cryptocurrency market, notably when linked to high-profile figures like Trump.

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