Talk show host Jimmy Kimmel branded collectors of former US President Donald Trump’s NFT projects as “dorks” and “freaks” late Wednesday – just as secondary market prices for the assets were rising.
The floor price – or the price of the cheapest NFT listed on a marketplace – of Trump Digital Trading Cards minted on the Ethereum scaling network Polygon has doubled in the past day to $434, according to data. NFT price floor. Nearly 90 NFTs from the collection have changed hands during that period.
Kimmel’s attacks on NFT holders came as Trump hosted eligible collectors at an event at his Mar-a-Lago resort, where he made several pro-crypto comments.
“Trump used his only day off today to focus on his pyramid scheme,” Kimmel said said, referring to the presumptive Republican nominee’s ongoing hush-money case in Manhattan. “He hosted a VIP dinner at Mar-a-Lago for the superfans who bought his NFTs.”
Kimmel joked that he would hate to be Trump’s aide on the day those who bought at least 47 Trump NFTs (originally sold for $99 each) got the chance to dine and socialize at Trump’s Palm resort Beach, FL. It would be a difficult memory to give, Kimmel indicated.
“Reminder: You gotta have dinner tonight with the freaks who paid $4,700 for photos of you wearing Superman tights and a cape,” he said, as the show then showed NFTs from Trump’s collections, which include nearly 200,000 unique collectibles trading cards in multiple series.
Sales for Trump’s Series 2 collection jumped even more than the original series, with 405 sales in the last day. However, they are much cheaper with a bottom price of around $82, down from the original primary retail price of $99.
“Not only did the suckers – I mean customers – get digital trading cards, those who paid the most also got a piece of the suit he was wearing when he was arrested,” Kimmel said of the benefits of the third series (released last December) when the official description of the suit appeared on the screen. ‘As you can see, the value [is] ‘priceless.'”
Kimmel’s barbs follow a political line drawn in the sand between the Democratic and Republican parties on Wednesday over crypto regulation. Not long after President Biden promised to veto it legislation that would clear the Securities and Exchange Commission’s cryptocurrency custody guidelines, Trump said the agency did focused on crypto wrongly.
“[Gary] Gensler is very much against it, the Democrats are very much against it,” Trump said. “But I’m good at it.”
Trump himself took aim at a Biden-themed meme coin, which exists on Solana alongside comical and deliberately misspelled renditions of other politicians. “That’s a lot of money for a coin, I don’t like that investment,” he said after learning that the meme coin “Jeo Boden” (BODEN) has a market capitalization of $240 million.
But just like the Trump-themed NFTs that rose in price alongside Kimmel’s comments, it appears Trump’s negativity is only caused Boden to hurry upe. To quote a sentence from Trump’s book, the ‘Art of the Deal’: “Good publicity is preferable to bad, but from a bottom-line perspective, bad publicity is sometimes better than no publicity at all.”
Edited by Andrew Hayward
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The author’s views and opinions are for informational purposes only and do not constitute financial, investment or other advice.