Non-fungible tokens (NFTs) associated with former President Donald Trump have generated a lot of buzz and speculation regarding their value. In this in-depth blog post, we’ll take a look at the key factors that determine the worth of Trump NFTs and provide a detailed valuation analysis.
Overview of Trump NFTs
Several NFT collections featuring Trump have been launched over the past year by Trump and affiliated entities. Some of the major Trump NFT projects include:
Trump Digital Trading Cards
- Launched in August 2022 on Truth Social
- Features illustrated cartoons and memorable photos from Trump’s career
- 45,000 NFTs in Genesis series sold in packs priced at $99 each
Trump Cards
- Launched in December 2021 by Team Trump
- Includes gold, platinum, and diamond tier NFT cards with tiered rarity
- Features photos, videos, and illustrations of Trump moments
TRUMPverse
- Launched in January 2023 by Team Trump
- Virtual real estate in the metaverse dedicated to Trump supporters
- Purchase land plots as NFTs to build virtual homes, businesses, etc.
In addition, there are Trump collectible NFTs sold by Mar-a-Lago and Save America PAC. Trump’s son Eric Trump has also hinted at a future official Trump NFT project.
Factors That Determine Trump NFT Values
The value of any NFT depends on a combination of factors related to scarcity, demand, and intrinsic utility. Here are some of the key considerations for Trump NFT worth:
Scarcity
- Lower mint counts increase scarcity which boosts values
- Unique 1-of-1 editions command premium pricing
- Pre-reveal sales yet to have rarity tier revealed
Demand
- Trump has a large, enthusiastic base of supporters worldwide
- Collectors and fans seeking scarce Trump memorabilia
- Speculators drawn to high profile NFT launches
Utility
- Real world experiences, events, prizes redeemable for some NFTs
- TRUMPverse virtual land can be monetized in-game
- Enhanced engagement opportunities on Truth Social
Provenance
- NFTs sold directly by Trump carry authenticity
Valuation Analysis of Major Trump NFTs
Now that we’ve covered the key factors, let’s take a look at the estimated valuations for some of the major Trump NFT collections:
Trump Digital Trading Cards
- Current Floor Price: 0.35 ETH ($423)
- Recent Sale Price Range: 0.3 to 1.5 ETH ($363 to $1,815)
Estimated Valuation: Due to scarcity with limited 5,000 1-of-1 editions, strong demand, and authenticity, Trump Digital Trading Card NFTs carry an average value of 0.7 to 1.5 ETH ($846 to $1,815). Higher rarity tiers may trade above this range.
Trump Cards
- Current Floor Price: 0.095 ETH ($115)
- Recent Sale Price Range: 0.05 to 2 ETH ($60 to $2,420)
Estimated Valuation: The wide tier levels and slightly higher total supply has led to a lower valuation range. Average Trump Card NFTs carry an estimated worth of 0.1 to 1 ETH ($121 to $1,210). High tier diamond and platinum rarity NFTs can trade above this range up to 4 ETH ($4,840).
TRUMPverse
- Current Floor Price: 1.25 ETH ($1,512)
- Recent Sale Price Range: 0.5 to 2.5 ETH ($605 to $3,025)
Estimated Valuation: Given in-game utility and land scarcity, TRUMPverse metaverse land plots carry an estimated worth of 1 to 3 ETH ($1,210 to $3,630). Launch hype led to higher sales that may moderate over time.
Conclusion
Trump NFTs represent an emerging digital collectible segment with strong interest and activity. Exact valuations remain dynamic and subject to change based on market conditions. However, our analysis shows a wide valuation range based on scarcity and demand factors, along with direct association to Trump memorabilia. While risky and speculative, Trump NFTs offer opportunity to own a piece of history and potentially gain in value over time. The long-term worth will be shaped by the growth in users, interoperability, and utility offered by these NFT platforms.
References
Tsukerman, Rachel Wolfson. “Donald Trump’s NFT Cards Sell for as Much as $980 on First Day: Report.” Cointelegraph, Cointelegraph, 2 Sept. 2022, https://cointelegraph.com/news/donald-trump-s-nft-cards-sell-for-as-much-as-980-on-first-day-report.
York, Tom. “Trump Plans an Aggressive Sale of His NFT Collection.” Semafor, 22 Sept. 2022, https://semafor.com/life/trump-plans-an-aggressive-sale-of-his-nft-collection/.
Disparti, Dustin. “Trump’s Truth Social Signs Deal for Video, NFT Content.” The Associated Press, 14 Dec. 2022, https://apnews.com/article/technology-donald-trump-6eb3d799f537b27bc4ebf90c646bb601.
Hi y’all, I’m Caroline Webster, your proud Texan source for everything related to our 45th president, Donald Trump, and the GOP.
Along with my husband, Bill, I run Trump Scoop, born out of our ranch in the Lone Star State, offering insightful and unbiased commentary on conservative politics.
With a degree in Political Science and years immersed in local politics, my aim is to keep our readers informed and connected.
For me, it’s not just about delivering news—it’s about standing up for our values and the spirit of American patriotism.