Donald Trump NFT Collection Sells Out, Price Surges

Former U.S. President Donald Trump’s non-fungible token (NFT) digital trading card collection sold out early Friday, the day after its initial release.

According to data from OpenSea, at time of writing, the collection’s trading volume is 900 ETH, or about $1.08 million. Its floor price is about 0.19 ETH, or about $230 – more than double the original price of $99.

Some tokens are selling for much higher prices. The one-of-ones, the rarest of the NFTs, which comprise 2.4% of the 45,000 unit collection (roughly 1,000), are selling for as much as 6 ETH at the time of writing. One of these rare trading cards, of the 45th president standing in front of the Statue of Liberty holding a torch, is currently listed at 20 ETH, or about $24,000.

According to data from Dune Analytics, nearly 13,000 users minted 3.5 tokens upon the release of the collection. Additionally, 115 customers purchased 45 NFTs, which is the minimum number of tokens that guarantees a ticket to a dinner with Trump; 17 people purchased 100 NFTs, which, according to the Trump Trading Card site, was the maximum quantity allowed to mint. However, additional metrics from Dune show that other wallets held far more.

Currently, 1,000 NFTs, including many one-of-ones, are held in one Gnosis Safe multisignature wallet, which appears to be the wallet receiving royalty payments from the secondary sales of the NFTs.

Read More: Crypto Twitter Delves Into Strange, Sloppy Side of Trump’s NFT Collection

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Cam Thompson was a news reporter at CoinDesk.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.