Former US President Donald Trump is launching his third edition of irreplaceable tokens (NFTs), aptly named “MugShot,” dedicated to the theme of his current criminal charges.
Related: Biden’s New Law Grants Extra Spying Power to Government Agencies
Trump is also facing criminal charges for falsifying business documents related to a $130,000 payment to adult film star Stormy Daniels, separate from the charges brought against him in Georgia, Florida, and Washington, D.C.
Explaining the essence of the collection, the website states:
On Thursday, August 24, 2023, President Trump was officially arrested in Fulton County, Georgia. This moment in history marks the first photograph of a United States president. In the photo, Trump sports a furrowed brow and a determined gaze that says he’ll never back down.
The NFT photo emerged after Trump surrendered to Georgia authorities in August 2023, where he faced charges for attempting to overturn the 2020 election.
Dinner for $4,653 or More
In December 2023, the former president announced that anyone who buys no less than 47 (hinting at his intention to become the 47th president of the United States) digital collectible cards of Mugshot at $99 each would be invited to a personal dinner at Mar-a-Lago.
Former US President Donald Trump has uttered quite a few memorable quotes while hosting a group of non-fungible token (NFT) enthusiasts at his Florida residence.
Several clips of his most memorable lines surfaced on X on May 8th. In one of the initial clips making rounds on social media, Trump pledged to provide a better regulatory environment for crypto businesses and entrepreneurs, by ending the “hostility” toward cryptocurrency, which he believes was induced by the administration of US President Joe Biden and the Securities and Exchange Commission.
Gensler is dead set against it. Democrats are dead set against it, [but] it’s okay with me, I want to make sure it’s good, solid, and everything else, but it’s okay with me.
When NFT enthusiast “Malcolm” queried what he would do to remove this hostility and retain innovators in the United States, the NFT enthusiast “Malcolm” replied:
We’ll stop it because I don’t want it, I don’t want it. If we’re going to embrace it, we’ve got to allow them to be here.
In addition to promising to keep cryptocurrency entrepreneurs in the US, the former president also took partial credit for “making NFTs great again” owing to his substantial collection at a time when the NFT market seemed to lose its luster, earning a round of applause from attendees.
Trump and Crypto vs. Biden
It’s no surprise that Trump isn’t a fan of the Jeo Boden (BODEN) meme coin, linked to Biden, whose market capitalization currently exceeds $260 million.
The former president criticized the meme coin, inspired by his political rival, which inadvertently led to its price surge.
“That’s big money for a coin, not my kind of investment,” he said.
BODEN jumped over 10% shortly after his comments were posted on X.
But another meme coin, largely based on Trump himself — Donald Trempt (TREMP) — took the lead, skyrocketing almost 110% over the same period.
The billionaire also mocked his political rival in a separate comment, sarcastically stating that he “has no clue” about cryptocurrency.
If you’re for cryptocurrency, you better vote for Trump.
More Info:
- The Impact of Political Events on Crypto Market
- Super Bowl Biden’s Meme Wasn’t About Bitcoin!
- Trump-Labeled Wallet Turns Meme Token into Million-Dollar Goldmine
Recall, that Trump previously called Bitcoin a scam in 2021, but in recent months has embraced it and the entire industry. When asked if people can make donations using cryptocurrency, he replied, “If you can’t, I’ll make sure you can.”
He also recently stated he’ll never allow the creation of a central bank digital currency under his control. He remains staunchly in favor of maintaining the dominance of the US dollar within the traditional banking system.
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