Trump Said He Released the NFT Trading Cards Because They Gave Him a ’30-inch Waist’
Oh karma, how do I love thee? Well, I love her A LOT because she’s having some fun with Donald Trump and that just makes me so happy. Lawsuits up the ying yang, his taxes to be released to the masses, criminals cases ticking away, and now his latest “major announcement” is failing in a big way.
Trump’s digital trading cards have lost a whopping 72 percent of their value in the last week after prices initially soared online, according to figures from the OpenSea website which tracks the sale of non-fungible tokens, also known as NFTs.
On December 15, Trump put 45,000 of the cards on sale, retailing at $99 each. After Trump promoted the “one-of-a-kind” cards online all them sold out within hours. Yep, as PT Barnum said, there’s a sucker born every minute, and most Trump supporters fall into that category.
Each trading card depicts Trump as one of a number of heroic characters, including a superhero, astronaut, sheriff and NASCAR driver. No morbidly obese narcissists with bone spurs though.
Try not to spit out your coffee looking at these. They are totally unrealistic, but Trump actually likes it that way:
After initially selling out, many of the cards were traded and their value shot up, peaking at 0.82 Ethereum, or $999, last Saturday on December 17, according to OpenSea.
But alas, the excitement didn’t last. Over the past week, their value has fallen by 72 percent, with each card now worth around 0.23 Ethereum, or $280, on December 24. In total each card has still gained significant value since they were first sold at $99, with their cost increasing by 182 percent since they were made available. But still, since the price has decreased, and the initial excitement over the cards is over, don’t expect to see the price increase. After all, Trump got his money, he’s done. And plus, who would actually buy these except for the truest of Trump supporters?
The amount of Trump trading card sales on OpenSea has also declined, from a high of 6,661 on December 17, to just 529 on December 22 and 260 on December 23. Again, not a good sign.
If you’re like me, you have no clue what NFTs are. Basically, NFTs are pieces of virtual art that have their ownership recorded in blockchain, a mass peer-to-peer network of computers, using the same technology as cryptocurrencies such as Ethereum. So they have no cash value, and they are a crypto product. I have no idea how one would even showcase they owned these cards as they are not a physical product. It’s not like you can hang them on your walls or put them in a case as you would a valuable baseball card. They aren’t…real. You get a certificate that says you own them and I guess you can look at them on your computer but where’s the fun in that? Am I just old? Should I be screaming at kids to get off my lawn?
As you’ll remember from earlier this month, Trump announced that he would be making a “major announcement” via his Truth Social website, which many people assumed would be something serious, like him wanting to be Speaker of the House, or perhaps something related to his 2024 presidential election campaign.
Many top Trump supporters were pissed when the announcement turned out to be these ridiculous trading cards, which Trump described as “very much like a baseball card, but hopefully much more exciting.” Sounds like Trump can’t explain what NFTs are either.
Even Trump’s long-time pal Steve Bannon was livid about the cards, saying, “I can’t do this anymore,” before saying whoever thought up the ideas to sell the cards should “be fired today.”
MAGA world is super pissed about Trump’s NFT launch.
Steve Bannon and Sebastion Gorka want the person responsible fired. pic.twitter.com/pqml2mTRHU
— The Republican Accountability Project (@AccountableGOP) December 15, 2022
On Friday, Trump said that he decided to release the trading cards because he simply “loved the art.”
Speaking to Chanel Rion OAN about the cards, Trump said: “Well I knew nothing about them and then a group came and I loved the art. They showed me the art.”
A quick reminder of what Trump considers art. Two parrots having sex with other? At least I think that’s what this statue is? The statue he posed next to with his young teenage daughter at the time?
Trump continued, “You know, it’s sort of comic book art when you think of it, but they showed me the art and I said, gee, I always wanted to have a 30-inch waist.”
Trump says his Superhero NFT sale was about the art, not money: “I loved the art .. it’s sort of comic book art .. I heard somebody said it was the investment of the year. I didn’t view it as investment. I thought they were cute. These visions are very beautiful & interesting.” pic.twitter.com/yGdDGtu01f
— Ron Filipkowski (@RonFilipkowski) December 24, 2022
A 30-inch waist. Trump actually wanted to sell these dumb non-tangible cards because they depicted him having a 30-inch waist. I don’t even know what to say anymore. It would be funny if it wasn’t so SAD!. Still, I’m glad to see the value is plummeting but sad to know that Trump has already cashed out and made his money, while the rubes are left to lose theirs.
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