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Home»NFT»Donald Trump NFTs Soar After Tucker Carlson Interview
NFT

Donald Trump NFTs Soar After Tucker Carlson Interview

2023-08-24No Comments2 Mins Read
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Prices and volumes of Donald Trump’s NFT collections skyrocketed Thursday after an interview with media personality Tucker Carlson on X, formerly Twitter, went viral — garnering 110 million views within hours of airing.

As of midday in Europe, the Polygon-based Trump Digital Trading Cards were selling for over 0.13 ether (ETH), or just over $215, compared to 0.1 ETH, or $150, last week. The collection has amassed a trading volume of more than 17 ether, according to data from NFT marketplace OpenSea.

Trump released the collection of 45,000 fantasy cards last December for $99 each, featuring images of him in a style similar to collectible baseball cards. As of Thursday, the collection has more than 13,000 unique holders.

Collectors who purchased one of the digital trading cards automatically enter a “sweepstake” to receive “experiences” with Trump, including a Zoom call, dinner in Miami, or cocktail hour at Mar-a-Lago, as CoinDesk previously reported. reported .

The tickets sold out quickly at the time. As of Thursday, data shows that a wallet tagged “6D65A7” holds the highest individual Trump NFTs with 602 cards, followed by 72F891 with 500 cards. Neither holder has put his or her NFTs up for sale.

It was recently revealed that Trump is a major holder of tokens. The former president and leading Republican nominee for next year’s election had $2.8 million stashed in a cryptocurrency wallet by early August, as reported, and earned about $4.87 million in licensing fees from the Trump NFT collection.

As such, the NFT collection has steadily declined in value over the past few months amid a general decline in the broader crypto market.

See also  Navigating the NFT market dip: a shift towards utility

Prices are down more than 50% from a peak of 0.2 ETH in May, with daily trading falling from an average of more than 90 per day to less than 50, according to data from OpenSea.

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