Former president Donald Trump made headlines in late 2022 when he revealed a non-fungible token pool. The NFTs were widely criticized, but also saw high demand from fans and collectors.
Here’s how much an investment in the NFTs would be worth today.
What happened: Trump announced the launch of an NFT collection called Trump digital trading cards in December. The NFTs came at a price point of $99 each and could be bought with Ethereum (CRYPTO: ETH) or a credit card. The collection sold out in less than a day and quickly became a top trending collection on the NFT marketplace Opensea.
Many celebrities like the president Joe Biden and late-night talk show hosts poked fun at the NFT gathering. Trump Digital Trading Cards were also mocked on an episode of “Saturday Night Live.”
The NFTs came up with contests offering various rewards such as a private dinner, cocktail hour, Zoom sessions and golf with the 45th president. Anyone who purchased 45 Donald Trump NFTs was also told that they will be able to attend a future gala dinner with the former president.
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Here’s a look at how much the NFTs are worth now.
Related Link: Trump Says His NFTs Are Not About Money, ‘I Loved the Art, Always Wanted a 30-Inch Waist’
Invest $1000 in Donald Trump NFTs: With a price point of $99, a person could have purchased 10 Trump Digital Trading Cards.
The same $1,000 investment would be worth $7,937.10 today based on a current floor price of 0.506 ETH, or about $793.71.
While the NFTs have fallen from a peak of around 0.84 ETH, investments are still up 693.7% since minting went live.
The NFTs were up 477.1% after two days and were at the top up around 1000%. The $1,000 investment would have been worth $9,900 at the top price of the collection.
Time will tell if the NFTs hold their value, but three months after being minted, the collection has remained above the mint price and has seen continued demand from fans, collectors and investors.
With Trump as a presidential candidate in the 2024 election, the NFTs may continue to be talked about during the election campaign.
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