Donald Trump trading cards are being sold as NFTs worth over $500k

Donald Trump’s collection of non-fungible tokens (NFTs) has sold out in a matter of hours, with the “digital trading cards” now worth more than $500,000.

The former president was widely mocked for announcing that he would make a “big announcement” on Thursday, which was later revealed to be an NFT collection depicting him in superhero, cowboy and astronaut guises, which can be purchased for 99 dollars.

Despite this, the entire collection of 45,000 Trump NFTs has been minted in about 12 hours, according to OpenSea data, with nearly 14,000 people purchasing one or more of the online tokens.

As of early Friday morning, the total Trump NFT collection currently has a value of around 460 Ethereum ($570,000).

donald trump nft
Donald Trump laughs during a Medal of Freedom ceremony for Lou Holtz in the Oval Office of the White House on December 3, 2020 in Washington, DC.
BRENDAN SMIALOWSKI/AFP/Getty Images

Ahead of the launch of the NFTs, some predicted that Trump’s “big announcement” could be him naming who his next running mate will be, or making a shock move to run for the White House in 2024 as an independent.

Instead, Trump revealed that he has moved into the NFT game and urged his supporters to buy Trump Digital Trading Cards, which he described as “very much like a baseball card, but hopefully a lot more exciting.”

“Would make a great Christmas present. Don’t wait. They will be gone, I think, very quickly,” Trump wrote on Truth Social.

The money from the sale of the NFTs will not be used for Trump’s 2024 presidential campaign, according to the Donald Trump Digital Trading Card website.

“These digital trading cards are not political and have nothing to do with any political campaign,” it said.

“NFT INT LLC is not owned, managed or controlled by Donald J. Trump, The Trump Organization, CIC Digital LLC or any of their respective principals or affiliates.”

Steve Bannon, Trump’s former White House strategist, was among those who expressed his frustration that the former president’s apparent “big announcement” was selling NFTs.

“I can’t do this anymore,” Bannon said in his War room podcast, adding that everyone involved in the project “should be fired today!”

In a tweet, President Joe Biden also mocked his potential rival in 2024.

“I had some BIG announcements in the last couple of weeks, too,” Biden said.

“Inflation is slowing, I just signed the Respect for Marriage Act, we brought Brittney Griner home, gas prices are lower than a year ago, 10,000 new high paying jobs in Arizona.”

Do you have a tip about a political story that Newsweek should cover? Have a question about Donald Trump? Let us know via [email protected].

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *