Donald Trump, the former US president and sex abuser who has been charged with crimes for falsifying corporate records, mishandling classified documents and conspiring to overturn the 2020 election, has dabbled in NFTs before, but is now offering Bitcoin Ordinals as a bonus to save its failing previous collection.
Donald Trump is selling the clothes off his back in the latest NFT promotion
Trump previously promoted this collection by offering dinners at his golf club or pieces of the suit he was arrested in, but now if you’re one of the first 100 people willing to buy 100 cards for $99 each with Wrapped Ethereum , then you can receive a “ONE-OF-ONE BITCOIN ORDINAL DIGITAL TRADING CARD.”
NFT INT LLC, the company that licenses Trump’s likeness for these NFTs, had to come up with an alternative way to promote the “MugShot Edition” collection because adoption has been slow. The collection is said to contain 100,000 cards, but OpenSea shows approx 48,500, less than half of the total amount.
Trump trade card.
Trump paid lip service to anti-crypto sentiment, saying at one point that Bitcoin “seems like a scam.”
More recently, however, blockchain analytics firm Arkham highlighted a wallet linked to Trump sending approximately $2.4 million worth of ether to Coinbase, presumably to liquidate his earnings.
It looks like Donald Trump is selling his ETH.
Three weeks ago, he started sending ETH to Coinbase after months of collecting Trump NFT royalties. His peak balance was $4 million.
Based on the deposits, he has sold 1,075 ETH for $2.4 million so far. pic.twitter.com/JZzA3cS2je
— Arkham (@ArkhamIntel) December 27, 2023
Read more: Tucker Carlson interview raises the price of ridiculous Trump NFTs
While Trump can liquidate his income, these MugShot cards cannot be liquidated at this timeas they cannot be easily transferred until the end of this year.