The collection of non-fungible tokens (NFTs) launched by former President Donald Trump nearly doubled in value on secondary markets after being sold after its launch.
According to data from OpenSea, a popular online NFT marketplace, the base price of Trump’s NFTs is around 0. 16 Ethereum, which becomes around $190 at press time. The NFTs were launched through Trump on Thursday with an initial value of $99.
Double the value of NFTs comes some time after they were sold, just hours after the former president published them.
On Thursday, Trump mocked a “major announcement” and then revealed a collection of virtual trading cards of himself.
“IMPORTANT ANNOUNCEMENT!My official collection of Donald Trump virtual trading cards is here!These limited edition trading cards present an amazing ART of my life and career!Collect all your favorite Trump virtual trading cards, much like baseball cards, but much more exciting. “Trump wrote in a TruthSocial article on Thursday. “Go to collecttrumpcards. com/
NFTs released by Trump show him in other poses against a variety of backgrounds.
“They’re like baseball cards, but you collect them digitally, on your computer or on your phone. All you need is an email address and a credit card to start collecting 1, 10, 20, or 100. Immediately a member of a new collectors’ league,” says the website CollectTrumpCards.
At press time, the total volume indexed in OpenSea for NFT’s Trump collection exceeds 1000 Ethereum, which becomes more than one million dollars.
Last month, Trump announced he would run for president in 2024, telling a crowd at his Mar-a-Lago residence, “We knew this wasn’t the end. This was just the beginning of our fight to save the American dream. “”
“To make America wonderful and great again, I am pronouncing tonight my candidacy for president of the United States,” Trump added in his announcement.
In a portion of the questions asked on the CollectTrumpCards website, it is stated that the NFT collection is “not political” and is not affiliated with Trump’s 2024 campaign.
“NFT INT LLC is not owned, controlled or controlled by Donald J. Trump, The Trump Organization, CIC Digital LLC or any of their respective administrators or affiliates. NFT INT LLC uses the name, image and symbol of Donald J. Trump under a paid license from CIC Digital LLC, whose license would possibly be rescinded or revoked on its terms,” he says.
Newsweek has reached out to Trump representatives for comment.
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