“Ought To Be Fired Today”: Donald Trump’s NASCAR Adventure Inches Toward Embarrassing Failure

Donald Trump and Steve Bannon are a pair that has found one way or another to remain in vogue since 2016. But they have been kind enough to the public to always mix up why that is so. Not too many would have guessed NASCAR would find its way to the middle of it all.

Since their many controversies and scandals died down, the Trump-Bannon pair is back in the news. This time around, it’s because of the NFT trading cards that former POTUS, Donald Trump, had released earlier this month.

Trump made his entry into the NFT game when he released 45,000 cards, priced at $99. His produce was quick to find its way off the shelves, with the cards being sold out within hours of their release. These cards have Trump depicted in various forms, including a NASCAR driver, an astronaut, and a superhero. 

The highs and lows of Trump Cards

But just 10 days since then, Trump’s and all his cardholders’ fortunes have reversed. OpenSea, an online platform that tracks sales of NFTs, reported a 72% fall in the cards’ value.

The site has shown the wild ride that the cards have been on. They first ballooned 909% in value, touching a peak of $999 on December 17 (2 days after the release). But by December 24, they had dropped to $280. While initial investors are still in profit, the cards’ trading volumes have also fallen, signifying a lack of interest.

Newsweek reported Steve Bannon was very annoyed with the decision to release these cards. “I can’t do this anymore,” he said, before suggesting that whoever advised Trump on the move “ought to be fired today.”

Read More: Donald Trump Shakes NASCAR World With “Major Announcement,” Leading to Major Embarrassment in All Corners

Given the steep fall that the cards have witnessed in the past few days, it would be a sound financial decision for initial buyers to sell the cards while they’re still ahead.

Behind the Donald Trump NFT entrance

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Trump released the collectible tokens on December 15 amidst a lot of intrigue and fanfare. The build-up for the launch had been generated on social media with Trump saying he had a big announcement to make.

Political commentators and analysts racked their brains and came up with the view that he was about to announce his running mate for his next presidential elections bid. It turned out to be very different. He released an animated video snippet of him as a superhero. 

In the video, Trump is seen standing in front of the Trump Towers in New York, where he rips open his shirt to show his superhero suit. He described the tokens as “very much like a baseball card, but hopefully much more exciting”.

Opinion on the cards has largely been divided, however, given the polarizing nature of Trump that is very much on expected lines.

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With the tokens on offer finding themselves in the red, would you invest in these tokens? Do you feel there’s money to be earned here?