2 mins readTucker Carlson's recent talk with Donald Trump had a surprising outcome. The chat influenced the prices of Trump's NFTs. These notable crypto assets became more popular after the interview was aired on X (the new Twitter).
The NFTs, known as Trump Digital Trading Cards, could be bought with over 0.13 ether (ETH) during the day in Europe. This amounts to just over $215. Just a week earlier, they cost 0.1 ETH, or $150. More cards are being traded, adding up to over 17 ETH on OpenSea.
Understanding the Trump Digital Trading Cards
These trading cards first appeared last December. There are 45,000 fantasy-type cards on sale for $99 each. You'll find Donald Trump's images on these cards. By Thursday, over 13,000 individuals had bought them.
If you buy these cards, something fantastic could happen! You could meet with Trump. A dinner in Miami or a cocktail hour at Mar-a-Lago could be waiting for you. Your purchase qualifies you for these sweepstakes offers. This is another reason why these NFTs are so in-demand.
Notable Cardholders and Trump's Involvement
Many cards were bought fast when released. Two wallets stand out. One labeled "6D65A7" has 602 of Trump's NFTs. Next is "72F891" with 500 NFTs. These cards aren't for sale by them, hinting at long-term investment.
Trump himself owns many tokens. In early August, he had cryptocurrency worth $2.8 million. He's also made around $4.87 million from the Trump NFT licensing fees. His active role in the NFT world shows another fascinating aspect.
Trump's NFTs recently fetched higher prices. But, they've lost value over time. This is mainly due to cryptocurrency rates going down. Prices dropped by over half, from 0.2 ETH in May. Also, daily trades went from above 90 to less than 50, says OpenSea data. While this price jump is good news for NFT owners, nobody knows if it will last. The unpredictable crypto market and ever-changing NFT trends make the future unclear.
Final Thoughts
Tucker Carlson has sparked curiosity. Trump's NFTs have grabbed that interest. The price, trading, and perks are appealing. But, don't forget about the risks. Market trends can be topsy-turvy. Thinking long term? Remember to factor in unpredictability. Trump NFTs have a unique place in the market. However, they aren't without their chances. An exciting story, yes. But, always think ahead.
