‘Criminal’ Trump NFTs rise as former president faces 34 felony charges
An NFT the collection centered on former US President Donald Trump is gaining traction amid his historic 34-felony indictment. But it’s not the one he’s backed, rather an unauthorized riff that trades heroic undertones for iron bars and prison suits.
Ethereum NFT collectioncalled Trump Criminal Digital Cards, appears to be an unlicensed knockoff of Trump Digital Trading Cards, a collection of 45,000 NFTs issued by Trump last December. Trump’s official collection also saw an increase in sales on Tuesday.
The Trump Criminal Digital Cards project was launched about two weeks ago, at a time when speculation was mounting that Trump could soon be indicted in connection with alleged kickback payments he illegally made to pornographic actress Stormy Daniels in 2016.
Artwork from the Trump Criminal Trading Cards collection. Image: Trump Criminal Trading Cards
The pool’s total supply is limited to 945 different NFTs, and of the 28 sales that had taken place over the past 24 hours, a few were marked as “Smart Money Buys” on Nansen – part of the analytics platform’s tracking functionality productive traders.
Borrowing elements from Trump’s NFT collection, such as his face — both a smiling and a pixelated version — the new collection depicts Trump in various prison cells and wearing different types of prison garb. One of the rarer outfits he features includes a metal ball and chain attached to his ankle.
The prison-inspired version of Trump’s NFT collection has seen its floor price rise to 0.017 ETH or $31 over the past 24 hours, according to data from Nansen. At the same time, trading volume has risen to 1.13 ETH from 0.03 ETH the previous day, an increase of around 3,600%.
Compared to the legitimate Trump NFT collection, Trump Criminal Trading Cards have a much lower floor price and far less volume. Trump Digital Trading Cards has seen 35 ETH or $64,000 in trading volume in the last day, with the cheapest currently listed at $937, according to data from NFT Price Floor.
In addition, the estimated market value of Trump Criminal Trading Cards on Nansen is 12 ETH or less than $23,000. Meanwhile, Trump’s official NFT collection has a total market value of $42 million, according to NFT Price Floor.
Trump’s legitimate NFT collection has enjoyed turbulent momentum since the collection’s debut, when the NFTs could be minted for $99 each. The starting price on the secondary market for the collection has been over $1,000 per NFT in recent days, including a brief spike after the impending indictment was revealed.
