Trump NFTs Are Mooning Again (Trading Cards)

[1srelluc]

Donald Trump’s NFT trading cards grabbed ample attention when launching in December, then fell flat once January rolled around. But his collectibles are once again surging in price and trading activity.

Trump’s digital trading card NFTs minted on Polygon, an Ethereum scaling network, hit a new all-time high floor price of $1,000 on Sunday, per data from NFT Price Floor. The “floor” is the lowest price that an NFT from a particular project is listed for on a marketplace.

The NFTs originally minted for $99 apiece as Trump’s business partners sold 44,000 of the 45,000 collectibles in mid-December. Prices quickly surged, landing as high as $990 worth of ETH on leading marketplace OpenSea on December 17, but the short-lived hype gave way and prices tumbled in the days and weeks thereafter.

But as market-wide data from NFT Price Floor shows, prices have been climbing steadily since mid-January, ticking up from around $250 worth of ETH on January 13 to the new peak of $1,000 on Sunday. As of this writing, the floor has only slipped slightly, down to $983.

Trump NFTs Are Mooning Again—Here’s What’s Going On

Damn, I wish I had a bucket full to dump before the primaries.

 

[OhPleaseJustQuit]

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[1srelluc]

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I don't get it either but there's money to be made off the rubes.

 

[konradv]

Donald Trump’s NFT trading cards grabbed ample attention when launching in December, then fell flat once January rolled around. But his collectibles are once again surging in price and trading activity.

Trump’s digital trading card NFTs minted on Polygon, an Ethereum scaling network, hit a new all-time high floor price of $1,000 on Sunday, per data from NFT Price Floor. The “floor” is the lowest price that an NFT from a particular project is listed for on a marketplace.

The NFTs originally minted for $99 apiece as Trump’s business partners sold 44,000 of the 45,000 collectibles in mid-December. Prices quickly surged, landing as high as $990 worth of ETH on leading marketplace OpenSea on December 17, but the short-lived hype gave way and prices tumbled in the days and weeks thereafter.

But as market-wide data from NFT Price Floor shows, prices have been climbing steadily since mid-January, ticking up from around $250 worth of ETH on January 13 to the new peak of $1,000 on Sunday. As of this writing, the floor has only slipped slightly, down to $983.

Trump NFTs Are Mooning Again—Here’s What’s Going On

Damn, I wish I had a bucket full to dump before the primaries.

I'm surprised Trump's not touting them as the new cryptocurrency.