Donald Trump’s NFTs sold out and double in value – but won’t fund his 2024 campaign
Former President Donald Trump’s $99 NFTs sold out in a day and doubled in value. Yet some fellow Republicans are ridiculing the trading cards, whose proceeds won’t even go toward Trump’s 2024 campaign.
Trump in a video portraying him as a superhero teased a ‘major announcement’, which wound up not concerning his presidential bid. He revealed it on Thursday to be digital trading cards of himself and his life and career, up for sale for $99 apiece.
All 44,000 of Trump’s available NFTs sold for more than $4million by 1.30pm Friday, the promotional website states. The collection was trading at 1,448 ETH, or roughly $1.73million, as of Friday afternoon on the OpenSea marketplace. The floor price was around $214, more than double the $99 mint price.
According to the website, the NFTs of Trump as a superhero, golfer, astronaut, western sheriff and others have ‘nothing to do with any political campaign’. Instead, they may benefit him and his business partners.
Many of Trump’s allies criticized the move.
‘I can’t believe i’m going to jail for an nft salesman,’ wrote the Twitter account of Anthime Joseph Gionet, who pleaded guilty to participating in the January 6 Capitol riot.
Former White House chief strategist Steve Bannon said on his podcast, ‘I can’t do this anymore.
Bannon said Trump is one of the great US presidents but that he should fire the person who came up with the NFTs idea.
GOP strategist Mike DuHaime told the Wall Street Journal that ‘it just seems humiliating and beneath him to be hustling action figure trading cards of himself’.
‘He was president and a billionaire celebrity real-estate developer,’ said DuHaime, ‘And now he’s selling pictures of himself for 100 bucks.’
The criticism comes as Trump’s campaign weathered a rocky first month after he officially announced his candidacy from his Mar-a-Lago estate. Trump is trailing Florida Governor Ron DeSantis in a hypothetical GOP primary race, and is behind by double digits in a poll by the Journal.
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