The NFT community, alongside the broader cryptocurrency market, has expressed shock over the recent announcement from former U.S. President Donald Trump. In what most have termed one of the most unexpected “announcements” in the NFT ecosystem this year, Trump has put up some Superman-based NFT trading cards for sale.
Doland Trump receives feedback from concerned supporters
The announcement was made on his own social media platform called “Truth Social.” It has since been received positively on the platform, with over 1,000 post shares and over 3,000 comments. The card shows Trump dressed in the famous Superman full-body suit, while a rage with the letter “T” is labelled on the suit.
“MAJOR ANNOUNCEMENT! My official Donald Trump Digital Trading Card collection is here,” he said on the platform.
He then revealed some details about the cards, noting that they were limited while adding that they are significant for their connection to his personal life and career.
As excerpts of the statement read;
“These limited edition cards feature amazing ART of my Life & Career! Collect all your favorite Trump Digital Trading Cards, very much like a baseball card, but hopefully much more exciting.”
NFT collectors and onlookers alike have voiced concerns about the price, which they consider extremely low, especially coming from the former President. However, Trump assured that they would be acquired and sold out in no time.
“GET YOUR CARDS NOW! Only $99 each! Would make a great Christmas gift. Don’t Wait. They will be gone, I believe, very quickly!” He urged.
While the NFT community awaits the sale turnout, Twitter users in the NFT community have expressed dissatisfaction with the move. Their collective sentiments highlight shock, mirroring their disapproval of the cards, which they believe isn’t worth it.
One critique is quoted saying; “Trump is releasing NFT trading cards of himself… it really is the end of the road,”
NFT market hurdles persist
Meanwhile, the NFT market is still bearish, as the decline in NFT sales persists.
The NFT market has gone from $1.02 trillion to $970.03 billion from January to September 2022. In November alone, NFT sales volume declined by 20%.
Popular entrepreneur Gary Vee attempted to grace the root cause of the problem by citing greed, oversupply and mediocre project launch as some of the factors propelling the industry’s downfall.