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Fortune
Fortune
Marco Quiroz-Gutierrez

Donald Trump just sabotaged his old NFT collections with his new NFT collection

Donald Trump (Credit: David Dee Delgado—Getty Images)

Crypto critic Donald Trump is taking yet another plunge into NFTs, offering up 100,000 based around the mugshot taken after he was charged with attempting to overturn the 2020 election.

The massive influx of digital trading cards has dented the price of Trump’s previous NFT collections. Shortly after the “Mugshot” collection was announced on Tuesday, the floor price of the original Trump NFTs released a year ago fell by nearly 50%, before rebounding slightly. The lowest-priced card from his second series of non-fungible tokens fell nearly 30% after the release of the newest collection, according to data from NFT Price Floor.

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