- The idea of being on the verge of dumping down is proving true.
- A lot of negative criticism is being directed at Donald Trump`s collection of digital cards.
- Trump’s card collection has a total of 45,000 NFT cards.
Despite US President Donald Trump’s collection of digital trading cards rumors of selling out in less than a day, they have received a lot of negative attention. Many people have entertained the idea that they are on the verge of being dumbed down.
For instance, a member on Reddit states that one wallet successfully manufactured cards worth a total of 80 ETH. He claims that they own 2.22% of the overall collection and that none of the items in their possession have been shifted or sold.
According to the findings of his investigation, the fact that this address is a Gnosis safe is fascinating. This demonstrates that the addresses support multiple signatures. Because the multi-sig was formed 14 hours before their mints, it is clear that it was developed specifically for this collection.
The user thinks that this multi-sig will sweep all of the low-cost or floor-price cards and then dump them all once the prices reach a certain threshold. When the price increases, even the average individual would sell some of their items, and this is particularly true if they had a large quantity, such as 1k.
This is not the only criticism that has been fired towards Trump`s collection. According to recent updates, Trump’s card collection has a total of 45,000 NFT cards, all of which are crudely photoshopped depictions of the president.
This includes the ex-president dressed as a superhero, a pro football player, an elephant, and many other things. Trump NFT items cost $99 a piece and come with a chance to win prizes like dinner with Trump, a group Zoom chat with Trump, or “autographed memorabilia.”
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