If you had invested in Donald Trump’s NFT cards when they were released, you would likely have made a significant return today.
When in December 2022 Trump announced the NFT collection “Trump Digital Trading Cards‘, each card was priced at $99, available for purchase with Ethereum or credit cards. The collection, released on Polygon’s network, sold out quickly, becoming a sensation on platforms such as OpenSea.
Investing $1,000 in the first batch of Trump NFTs
At the time the cards were issued, at $99, an enthusiast could acquire 10 digital trump cards for a total investment of $1,000.
At the moment, at the current minimum price from 0.25 ETH, equivalent to approximately $727 (at the time of writing Ethereum price of $2,930), the initial investment would grow to about $7,270. This remarkable jump reflects a significant return of 627% over the past 14 months.
Although it is down from its peak value of approximately 0.84 ETH, the investment is still showing a positive result, and those who chose to exit the market early managed to secure profits of around 1,000%.
By comparison, if the same $1,000 had been invested in the SPDR S&P 500 ETF Trust ( SPY ), which tracks the S&P 500 index, it would now be worth about $1,260.
