Value of Donald Trump’s Trading Card NFTs Soars Despite Jokes for His ‘Major Announcement’

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After the former 45th President of the United States, Donald Trump, revealed his collection of non-fungible tokenized trading cards (NFTs), Trump’s NFTs sold out within hours of the announcement. Statistics from Opensea, three days after the sale, show that the floor value of the Trump NFT trading card collection is now 0.49 ether or around $578.

Trump’s NFTs sell out, cards quadruple in value on Opensea, left-wing political commentators outraged

Donald Trump once said in 2019 that he was not a fan of bitcoin (BTC), and today the former president took advantage of 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, there have been accusations that the team behind Trump’s NFTs used Shutterstock stock footage and left Shutterstock watermarks on the NFT photos.

Half the people who mock Trump for selling NFTs today remained silent when he sold our nation’s future through record inflation.

— Libertarian Party (@LPNational) December 15, 2022

Despite the claims, Trump’s NFT cards have been hugely popular and over the past 24 hours, cryptoslam.io stats show 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 were $3,597,251 in sales. The $3.5 million in sales were split across 4,749 transactions and 1,839 buyers and 2,155 sellers.

Good morning and happy Saturday to everyone who agrees it’s great that House DEMs have introduced a bill to ban trump from the office under the 14th Amendment, so he can spend more time selling ridiculous digital NFTs.

– BrooklynDad_Defiant! ☮️ (@mmpadellan) December 17, 2022

On Opensea, the current floor value of Trump’s NFT charts is around 0.49 ether or $578, which is more than 4 times higher than the initial price of $99 when the sale was launched. There are approximately 15,811 Trump NFT owners and 35% are sole proprietors, according to Opensea statistics 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 that the unknown owner of Trump NFT with 1000 cards is Donald Trump himself.

liberal NFTs see Trump Trading Card NFTs making the moon pic.twitter.com/WOdU2vYmAY

— Ashley (@AshleyDCan) December 16, 2022

Of course, Trump’s NFT Trading Cards have caused an uproar from left-leaning political pundits ever since the 45th US President made his announcement. Current US President Joe Biden mocked Trump in a tweet that said Biden “has made MAJOR ANNOUNCEMENTS in the past two weeks”, using all capital letters like Trump. Left-leaning political commentator Lindy Li also mocked Trump’s announcement of the NFT, when she said:

Trump’s big announcement is that he is selling NFTs. Melania’s big announcement was that she was selling an NFT for $185,000. Ivanka’s big ad was to promote Goya beans. Don Jr’s big announcement was to sell cameos for $500. The most pathetic family to ever occupy the White House.

Other leftists, like former New York Times (NYT) author Kurt Eichenwald, have tried to expose Trump’s NFT enterprise. Eichenwald posted a blog post on his Substack that claims “Trump’s Trading Card Scam Is Worse Than You Think.” Eichenwald discovered that the shell companies are associated with a company called NFT International LLC. The former NYT columnist also linked the company to some people with negative reputations, but ultimately Eichenwald concludes that “none of that means NFT International is crooked.”

Tags in this story Biden, Bored Ape Yacht Club, cryptoslam.io, Donald Trump, Former NYT Reporter, Joe Biden, Kurt Eichenwald, Lindy Li, MAJOR ANNOUNCEMENT, metrics, NFT collection, NFT International LLC, NFT Values, NFT, Trump NFT, Non-Fungible Tokens, Opensea, Statistics, Trump, Trump NFT Collection, Trump NFT Owners, Trump NFT, Trumps NFT Announcement, Value

What did you think of Donald Trump’s release from his NFT collection? What do you think of the sale of the collection? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the news manager for Bitcoin.com News and a fintech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about disruptive protocols emerging today.

Image credits: Shutterstock, Pixabay, Wiki Commons

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