Donald Trump NFTs sell out and double in value but don’t fund a campaign

Ex-President Donald Trump's

Ex-President Donald Trump’s “big announcement” was digital trading cards featuring himself (Image: AP)

Former President Donald Trump’s $99 NFTs sold out in one day, doubling in value. However, some Republicans poke fun at the trading cards, the proceeds of which will not even be used for Trump’s 2024 campaign.

Trump teased a “big announcement” unrelated to his presidential bid in a video depicting him as a superhero. He revealed Thursday that the digital trading cards of himself and his life and career are on sale for $99 apiece.

All of Trump’s 44,000 available NFTs have sold for more than $4 million as of 1:30 p.m. Friday, the promotional site said. The collection was trading on the OpenSea marketplace as of Friday afternoon for 1,448 ETH, or around $1.73 million. The reserve price was around $214, more than double the $99 coin price.

According to the website, Trump’s NFTs as a superhero, golfer, astronaut, western sheriff, and others “have nothing to do with any political campaign.” Instead, they can benefit him and his business partners.

Former President Donald Trump’s NFTs sold out in one day (Image: collettrumpcards.com)

Many of Trump’s allies criticized the move.

“I can’t believe I’m going to jail for an NFT seller” wrote the Twitter account of Anthime Joseph Gionet, who pleaded guilty to taking part in the Jan. 6 Capitol riots.

Former White House chief strategist Steve Bannon said on his podcast, “I can’t do this anymore.

Bannon said Trump is one of the great US presidents but he should fire the person who came up with the NFT idea.

Ex-President Donald Trump's NFTs doubled in value compared to the coin price

Ex-President Donald Trump’s NFTs doubled in value compared to the coin price (Image: collecttrumpcards.com)

GOP strategist Mike DuHaime said that Wall Street Journal that “rushing cards of himself with action figures just seems humiliating and beneath him.”

“He was president and a billionaire real estate developer,” DuHaime said, “and now he’s selling pictures of himself for $100.”

The criticism comes as Trump’s campaign endured a rocky first month after officially announcing his candidacy from his Mar-a-Lago estate. Trump is behind Florida Gov. Ron DeSantis in a hypothetical GOP primary and is trailing by double digits in a Journal poll.

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https://metro.co.uk/2022/12/16/donald-trump-nfts-sold-out-and-double-in-value-but-wont-fund-campaign-17954044/ Donald Trump NFTs sell out and double in value but don't fund a campaign

Justin Scacco

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