In a lagging NFT market, former President Donald Trump can still move stock.
After an interview with former Fox News host Tucker Carlson, sales of the presidential candidate’s Trump digital trading cards, depicting him in different poses and outfits, jumped nearly 500%, and release photo of former president Thursday.
At launch, the NFT offered buyers the chance to win a Trump experience, including a phone call, dinner, or cocktail hour. A successful series of NFTs worth $99 each in December brought in around $4.5 million in 24 hours, but non-fungible tokens have recently fallen along with the rest of the NFT market.
Sales of the collection were just $745 on Tuesday, According to CryptoSlam. Over the past day, the price has surged to $36,700. The lowest priced piece in the collection also jumped 62% to 0.224 on Thursday ether Bitcoin prices rose from 0.138 ether ($226) to $367 before retreating on Friday, according to data from NFT marketplace OpenSea.
Despite Trump’s relative success with NFTs, he was never a fan of cryptocurrencies. In 2019, as president, he stated that he was “not a fan of cryptocurrencies,” which are “Not money.”
Still, Trump apparently holds about $2.8 million in cryptocurrency in digital wallets, according to documents released by the watchdog group Citizens for Responsibility and Ethics, CoinDesk reports. He also reportedly received $4.87 million in licensing fees for lending his name and likeness to the Trump Digital Trading Card Collection.
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