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struggle4progress

(121,220 posts)
13. Trading cards worth less than he says
Sat Sep 23, 2023, 03:11 PM
Sep 2023

BY GIULIA CARBONARO ON 9/4/23 AT 9:18 AM EDT

... Trump then claimed to have sold 45,000 trading cards, for which "people paid $99." He added that these same NFTs are now worth much more than their original price, saying they sell for $1,300 on average.

"Some of those cards are selling for 22, 23, 24,000 dollars now. And I think the average is about $1,300 a card ...

But the numbers he provided during his deposition don't reflect those on OpenSea, an NFT marketplace where users can buy Trump's cards. The highest value the former president's original NFTs ever reached was on average 0.6782 ETH—the native currency of the Ethereum network, called Ether—on February 13, 2023, which equals to about $1,109.

On April 3, the value of Trump's trading cards was 0.4438 ETH (over $723), while on April 10 it had slid to 0.3814 ETH ($621.79). On April 17, they were worth 0.1543 ETH ($251.55) and on April 24, they were valued at 0.1304 ETH ($218.46) ...

In May, Newsweek reported that Trump's trading cards had plunged to a record low value of around $1.04 ...

https://www.newsweek.com/donald-trump-trading-cards-worth-less-he-says-1824341#:~:text=Trump%20then%20claimed%20to%20have,is%20about%20%241%2C300%20a%20card.

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