May 25, 2024

Surge in Donald Trump NFTs Following Tucker Carlson Interview

During the European afternoon, the Trump Digital Trading Cards, which are based on the Polygon blockchain, were trading for more than 0.13 ether (ETH), equivalent to slightly over $215. This marked an increase from their value of 0.1 ETH, or $150, just last week. The collection has seen trading volume exceeding 17 ether, as reported by data from the NFT marketplace OpenSea.

Former President Trump launched this collection of 45,000 fantasy cards back in December, originally priced at $99 each. These cards feature images of Trump in a style reminiscent of collectable baseball cards and have garnered over 13,000 unique holders as of Thursday.

Collectors who acquired these digital trading cards were automatically entered into a “sweepstakes” for a chance to partake in “experiences” with Trump, including activities like a Zoom call, a dinner event in Miami, or a cocktail hour at Mar-a-Lago, as previously covered by CoinDesk.

The initial release of the cards sold out rapidly, and data now shows that a wallet identified as “6D65A7” holds the highest number of individual Trump NFTs, owning 602 cards, followed by “72F891” with 500 cards. Neither of these two holders has listed their NFTs for sale.

Trump has recently been revealed as a significant holder of cryptocurrency tokens. The former president and leading Republican candidate for the upcoming election held around $2.8 million in a cryptocurrency wallet as of early August, and he earned approximately $4.87 million in licensing fees from the Trump NFT collection.

Consequently, the value of this NFT collection has gradually declined over the past few months in sync with the broader crypto market downturn.

Image by Freepik

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