Trump 'Non-Fungible Trading Cards' Not Worth What They Were

Donald Trump has announced that a new range of non-fungible token (NFT) trading cards featuring his face are now available despite their falling value.

First released in December last year, the value of the cards nearly halved this week before recovering slightly, according to NFT marketplace OpenSea. The former president recently released a range of “MugShot” edition cards in tribute to his mug shot taken when he was arrested in Georgia earlier this year on 13 charges related to his alleged efforts to overturn his 2020 election loss in the state.

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Included in the Georgia indictment are charges of making false statements and writings to public officials and investigators and impersonating a public officer. He was charged alongside 18 other defendants. He denies the charges that relate to alleged attempts to overturn the 2020 election and says they are politically motivated.

On the morning of December 12, OpenSea recorded the cards as having a floor price of 0.209 Ethereum (ETH), which is around $453.97. Later that day, the price had slipped to 0.139, or around $301.92.

[As I don’t have a clue how any of these things work (including Bitcoin ‘mining’, etc), I find it all hugely interesting. It seems people will speculate – or create a speculative market – on damn near anything. ~ Beege]

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