Melania Trump purchases an NFT from her Head of State NFT collection for $170k

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The former first lady and a proponent of digital assets, Melania Trump, has entered the NFT field as a result of the growing interest in NFTs. Melaniatrump held the sale of the Head of State Collection, 2022 NFT, following the sale of Melania’s Vision. On Twitter, Trump announced the auction of the Head of State Collection.

Melania Trump is said to have spent $170,000 for an NFT from the Head of State Collection.

NFT platform by Melania Trump

As TheCoinRise reported, Melaniatrump, the former first lady Melania Trump’s own NFT platform, was established on the Solana (SOL) blockchain in December. Melania’s Vision, a self-portrait, was her first NFT when she established the platform.

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Following a massively successful 2021, NFT has been a hot topic at the beginning of 2022, with trading volumes reaching new highs of $16 billion in January. 

Massive NFT craze

While trade volumes have fallen as February started, some big names have entered the NFT industry at the start of the year.

Quentin Tarantino and Secret (SCRT) teamed up to offer 7 Pulp Fiction NFTs at the start of the year. The first in Tarantino’s NFT collection sold for $1.1 million in late January. However, the Tarantino NFT auction was put on hold due to heavy market volatility.

Blockbusters filed trademark applications in an attempt to reinvent the home entertainment industry, according to reports in late January. 

Reddit recently confirmed the NFT integration feature on users’ profile pictures. After that, other social media platforms like Instagram and OnlyFans also confirmed NFT integrations to identify profile pictures uniquely.

Former President Donald Trump has been a skeptic of the crypto industry, despite the fact that Melania Trump is a crypto advocate. Last month, Eric Trump made headlines when he declared TrumpCoin (TRUMP) to be a scam. TrumpCoin appears to have changed its name to Freedomcoin after the threat of legal action (FREED).

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