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Trump Released Latest ‘MugShot’ NFTs, Commemorating His Previous Arrest

Former U.S. President Donald Trump has unveiled his latest NFT collection titled “MugShot,” referencing his past arrest. Each digital trading card in this collection is priced at $99, offering a unique perspective on Trump’s legal history and adding a distinct element to his previous ventures in the digital collectibles space. Buyers who acquire 47 or more cards, symbolizing a potential return as the 47th U.S. president, are promised an exclusive dinner with Trump at Mar-a-Lago and a fragment of the suit he wore during his arrest in August.

The “MugShot” Edition Trading Cards

The recent launch of the “MugShot” NFT collection has sparked renewed interest in the digital collectibles market, prompting a notable resurgence in the market value of Donald Trump’s earlier NFTs.

Describing the NFT collection, the Trump NFT website states, “Just Like Baseball Cards, But You Collect Them Digitally!” This edition includes cards that may be one-of-ones (unique in the world), with some even potentially hand-signed by President Donald J. Trump.

In addition to the exclusive dinner with the former president, purchasers of 47 cards in a single transaction will receive a physical card containing a fragment of the suit worn by Trump during his arrest—the same suit featured in his mugshot. This unique combination of digital and physical elements adds an extra layer of appeal to the NFT collection.

Presidential Candidate Says Trump Don’t “Understand” Crypto

On December 12, Representative Dean Phillips voiced open criticism directed at both President Joe Biden and former President Donald Trump for their perceived limited understanding of cryptocurrencies during the Crypto Presidential Forum.

As a Democratic nominee for the 2024 presidential election, Phillips candidly admitted his own knowledge gaps concerning financial technology and digital assets. However, he underscored a broader issue of insufficient expertise within Congress on these matters. Specifically, Phillips pointed out the lack of comprehension exhibited by both current and former presidents, emphasizing the critical necessity for more informed leadership in navigating the continually evolving landscape of digital assets.

“The two leading candidates right now, on both the left and the right, for the U.S. presidency are absolutely not in positions to understand it, prepare us for it, anticipate it, and lead us into the next century,” remarked Phillips. “Joe Biden and Donald Trump, at their age and stage of life, are simply not the right people to lead us forward.”

In August, financial filings revealed that Trump has holdings in digital assets ranging between $250,000 to $500,000. Notably, he released the $99 trading cards in December 2022, adding an interesting dimension to his engagement with the digital asset space.

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Cryptocurrency is essentially virtual money that operates in a decentralized manner, not through a bank but directly on multiple independent computers.

Every cryptocurrency has two main components: the units of digital exchange called “coins” and the network within which the exchange takes place. These units can be transferred between wallets and exchanged on exchanges. The networks in which these coins exist are called blockchains, which translates to “chains of blocks.”

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