Donald Trump Trading Card Buyers Have Already Made a Huge Profit

While Donald Trump's announcement that he was releasing digital trading cards will have come as a surprise to many, those who bought them on the first day may have already made a significant profit.

Last week, the former president was ridiculed for revealing that his "major announcement" had nothing to do with his upcoming presidential bid.

He was mocked further when the digital trading cards depicted him as various characters including a superhero, cowboy and an astronaut.

Trump said the cards would cost $99 each and would make a great Christmas gift. Despite the mockery, all 45,000 tokens in the Trump collection sold out within 12 hours.

The value of the digital trading cards went up over the weekend on sites such as the non-fungible token (NFT) marketplace OpenSea, but has been continuously falling in the last 24 hours.

There have already been 24,153 sales of Trump's trading cards, according to OpenSea. Of those that have purchased, 65 percent of people bought only one item, 24 percent bought two-three items, 9 percent of people bought four-10 items, and the remaining percentage bought 11 items or more.

Despite the value continuing to fall, for those who bought the cards at $99 and have since sold them on, they will have made a profit.

Currently, according to OpenSea, the average sell price is 0.2887 ether, which is the equivalent of roughly $350.

This is a slightly less than the profit made from those who had bought at $99 dollars and have traded them in the last few days.

By comparison, on December 19, the average price fetched by the trading cards was 0.3671 ether, or $434. On December 18, the profit made was even more as the average price was 0.5398, the equivalent of about $638 each.

Trump has expressed his gratitude to those that have buying his trading cards and last week took to his social media site, Truth Social, to brag about his accomplishment.

After they sold out on Friday, he posted: "WE MADE HISTORY! My Trump Digital Trading Cards sold out in hours. Congratulations to the collectors. Thank you."

Despite this, Trump has continued to face mockery for the venture, from both those on the left and the right.

Commentator Dr. DaShanne Stokes tweeted: "Trump's NFT trading cards are further proof of what we have known all along: That Trump is a self-obsessed narcissist living in a self-invented fantasy world."

Conservative commentator Ben Shapiro also weighed in on Trump's trading cards last week.

During his show, he said: "When the former president of the United States, and a newly declared [candidate] for his third consecutive election, says that he has a major announcement, people are going to take that pretty seriously.

"Instead, the major announcement almost completely craters his presidential campaign before it even gets off the ground."

Some Trump critics have insisted that this mockery detracts from allegedly more important issues regarding the former president.

Former White House Secretary Joe Lockhart tweeted: "Note to media and activists.

"Watching Trump closely is good for our democracy, but jumping on him for everything undermines exposing the dangerous things he does.

"Trading cards are stupid but not news. Classified docs, sedition are. Let's stop diluting everything to mock him."

Newsweek has contacted Donald Trump for comment.