Trump & NFT in the spotlight as U.S. election nears: ‘We made NFTs hot again!’

• Trump hosted a dinner for supporters who bought his NFT collections. 
• Trump said he’s “fine” with crypto and ready to stop the US hostility in the sector. 

On Wednesday, the former US president took a break from his ongoing trial and hosted a dinner at his Florida home for crypto enthusiasts, especially Trump NFTs buyers.

Reportedly, the dinner attendees were supporters who bought at least 47 Trump NFTs (at $99 each). 

In the dinner, the former president emphasized that Trump NFTs made NFTs hot again, stating that, 

“We did it when NFTs were not hot. And we made NFTs hot again” 

Trump has been active in the NFT scene, recording $100K to $1 million as per his 2022 financial statements. The Mugshot Edition from his last year’s arrest mugshot was one of the viral Trump-themed NFTs. 

The recent edition, Trump Digital Trading Cards, which was also minted on Bitcoin [BTC] Ordinals last month, sold out fast, bringing in a whopping $4.6 million within 2 hours. 

Trump: NFT to crypto donation?

Given his first-hand experience in the sector, Trump has maintained a pro-crypto stance and told the dinner attendees that he’s open to crypto donations for his campaign.

However, Trump took a swipe at President Joe Biden for not knowing what crypto is. Mentioning that Gensler and Democrats are against it, the former president reiterated that he was ‘fine’ with crypto. 

When asked about hostility directed at U.S. crypto firms, Trump said,  

“Crypto is moving out of the U.S. because of hostility. We’ll stop it because I don’t want that. If we’re going to embrace it, we have to let them be here.” 

Most crypto market watchers and industry titans have warmed up to Trump’s presidential bid and other crypto-friendly lawmakers amidst heightened enforcement actions in the space. 

However, some market watchers took Trump’s pro-crypto stance with a grain of salt, citing his last office term with zero results for crypto.  

“Trump is a f**king clown, and you are too if you think he actually gives a sh*t about crypto.”