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Donald Trump Trading Card NFTs Skyrocket in Value Despite Being Mocked for His ‘Big Announcement’ – Bitcoin News
After the former 45th President of the United States, Donald Trump revealed his collection of non-fungible token (NFT) trading cards, Trump’s NFTs sold out within hours of the announcement. Statistics from Opensea, three days after the sale, show that the Trump NFT trading card collection’s floor value is now 0.49 Ether or about $578.
Trump NFTs sell off, cards quadruple in value on Opensea, left-wing political commentators are furious
Donald Trump once said in 2019 that he was not a fan of bitcoin (BTC), and today the former president has leveraged blockchain technology to release his NFT trading cards. The 45,000-card collection features images of Trump dressed as Superman, an astronaut, a cowboy and many other designs. However, it has been accusations that the team behind Trump’s NFTs used stock images from Shutterstock and put the Shutterstock watermarks on the NFT images.
Half the people who mocked Trump for selling NFTs today were silent when he sold out our nation’s future through record inflation.
— Libertarian Party (@LPNational) 15 December 2022
Despite the claims, Trump’s NFT cards have been very popular, and in the last 24 hours, cryptoslam.io statistics show that Trump’s collection is the second largest in sales behind Bored Ape Yacht Club (BAYC). Trump NFT sales increased by 50.19% in the last 24 hours and there has been $3,597,251 in sales. The $3.5 million sale saw 4,749 transactions and 1,839 buyers and 2,155 sellers.
Good morning and happy Saturday to all who agree that it is great that House DEMs introduced a bill to bar trump from office under the 14th amendment so he can spend more time selling ridiculous digital trump card NFTs.
— BrooklynDad_Defiant!☮️ (@mmpadellan) 17 December 2022
On Opensea, the current floor value for Trump’s NFT card is around 0.49 Ether or $578, which is more than 4 times larger than the original price of $99 when the sale started. There are approximately 15,811 Trump NFT owners and 35% are unique owners, according to Opensea metrics as of December 18, 2022. One user owns approximately 1,000 Trump NFT cards and is the largest holder of the entire collection. Some people have claimed the unknown Trump NFT owner with 1000 cards is Donald Trump himself.
liberal NFT mfers see Trump Trading Card NFTs mooning pic.twitter.com/WOdU2vYmAY
— Ashley (@AshleyDCan) 16 December 2022
Of course, Trump’s NFT trading card caused an outcry from left-wing political pundits since the 45th US president made his announcement. Current US President Joe Biden mocked Trump in a chirping which says Biden “had some BIG announcements in the last couple of weeks,” capitalized like Trump. Leftist political commentator Lindy Li also poked fun at Trump’s NFT announcement, when she so:
Trump’s big announcement is that he is selling NFTs. Melania’s big announcement was that she sold a $185,000 NFT. Ivanka’s big announcement was promoting Goya beans. Don Jr’s big announcement was selling $500 cameos. The most pathetic family to ever occupy the White House.
Other supporters of the left, such as former New York Times (NYT) writer Kurt Eichenwald, tried to expose Trump’s NFT venture. Eichenwald published a blog post on his Substack claiming “Trump’s trading card scam is worse than you think.” Eichenwald found that shell companies are linked to a company called NFT International LLC. The former NYT columnist also linked the firm to some people with negative reputations, but ultimately Eichenwald concludes that “none of this means that NFT International is crooked.”
What did you think of Donald Trump releasing his NFT collection? What do you think about the collection being sold out? Let us know what you think about this topic in the comments section below.
Image credit: Shutterstock, Pixabay, Wiki Commons
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