Author: Weilin, PANews
On the evening of July 31, US Republican presidential candidate Donald Trump announced a series of Bitcoin-themed sneakers on his social networking site Truth Social.
As soon as the news came out, the most popular high-top Bitcoin orange-themed sneakers, originally priced at $499, sold out within 3 hours. Later, scalpers appeared on the shopping website eBay, with more than a dozen pending orders, with the highest price being $2,500.
This is not the first time that Trump has "brought goods" to sell shoes, but after his speech at the Bitcoin 2024 conference, in Trump's eyes, cryptocurrency users and the army of currency circles have become one of his focuses to win votes.
Trump sells Bitcoin-themed sneakers, scalpers sell for $2,500
Speaking on Truth Social on the evening of July 31, Trump said the sneakers would be limited edition, each pair would be numbered, and could now be paid for in Bitcoin or the user’s favorite cryptocurrency. The website (https://gettrumpsneakers.com/) shows that there are 1,000 pairs of sneakers in a single series. The original price of the orange high-top series is US$499, and the orange low-top and black high-top sneakers are both priced at US$299.
As soon as the news came out, it quickly attracted many buyers, and 1,000 pairs of Bitcoin orange-themed high-top sneakers sold out within 3 hours. Currently, on the shopping website eBay, scalpers have speculated on this pair of shoes to US$2,500, with a minimum price of US$700. There are 13 pending orders, and some people have set the selling price at US$69,999 for ridicule.
It’s worth noting that while most listings on eBay promise to ship the shoes to the buyer once they are received by the seller, which is expected to be between September and November. Most sellers seem to have high buyer ratings, but more than one seller has been accused of being a "scam" in the buyer feedback section. It's unclear whether these potential deals comply with the law.
Currently, the orange low-top and black high-top versions are still available for pre-sale on the official website, priced at $299 per pair.
After the Bitcoin 2024 conference, Trump focused on the slogan "Crypto President"
Now, Bitcoin-themed sneakers have become a special marketing tool for Trump. It is worth noting that these sneakers are printed with the slogan, "Trump, Crypto President (Trump, Crypto President)", which is consistent with Trump's speech at the conference. In addition, the official website stated that the 5 pairs of orange high-top limited edition sneakers will be randomly signed by Trump, which means that Trump sneaker enthusiasts will have a 1/200 chance of receiving signed shoes. This is designed to further attract users , demonstrating the collectible value of these shoes.
This is not the first time Trump has "brought goods." As early as February 17 this year, Trump gave a speech at a sneaker exhibition held at the Philadelphia Convention Center and held a pair of gold "Trump" brand sneakers on the podium to display. Trump named them "Never." NEVER SURRENDER HIGH-TOP SNEAKER. "This is something I've been talking about for 12, 13 years, and I think it's going to be a huge success," Trump said during his speech.
The gold high-top sneakers, printed with elements of the American Stars and Stripes flag and the capital letter "T" representing Trump, are sold online for $399. Limited edition of 1,000 pairs. At that time, at the Philadelphia Shoe Show, a man spent $9,000 at auction to win a pair of "Chuan's Golden Boots."
Trump’s website currently lists more than a dozen other styles of footwear, including golf shoes, low-top sneakers, sandals, two perfumes and a cooler, all of which support Bitcoin and credit card payments. According to the website, proceeds from the sales of these shoes will not be used as political donations.
On July 28, at the Bitcoin 2024 conference, Trump said that the market value of Bitcoin will exceed that of gold; after being elected, he will step down Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC); he will retain government-pledged Bitcoin as a strategic reserve ,wait. Through his speech, Trump is expected to attract further support among the crypto community.
For example, on July 31, well-known investor and serial entrepreneur Gary Cardone announced that he had donated 12.8 BTC to the Trump administration, worth approximately $852,000. The Trump campaign raised $21 million during the 2024 Bitcoin conference, according to disclosures by Trump campaign aide David Bailey.
In addition to releasing Bitcoin-themed sneakers, Trump will also release a fourth series of NFTs in the future. As of 1 p.m. on August 1, the floor price of the first series of Trump digital trading cards fell by 4.46% in 24 hours, but the 24-hour trading volume increased by 145.59%. In the second series, floor prices fell by 3.74% and transaction volume increased by 136.71%. Series 3 (MugShot Edition) floor prices dropped by 2.95%.
On July 17, according to an interview with Trump published by Bloomberg Businessweek, Trump planned to launch a fourth NFT series. In the interview, Trump said that his previous launch of NFT collectibles was "very successful" and sold out in one day: "All sold out: 45,000 cards. I launched it three times and I will launch it again because people want me to Launch it again."
(The above content is excerpted and reprinted with the authorization of our partner PANews, original text link)
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〈Trump attracts the "currency army" to make another move! After the "Bitcoin sneakers" were sold out, scalpers resold them at 5 times the price> This article was first published on "Block Guest".
