Former first lady and newly-minted crypto bro, Mrs. Trump, seems to be having trouble getting her business off the ground.
She launched a two week NFT auction after announcing that she was creating an NFT platform. You could bid on a hat she wore during a state visit to France, a painting of her wearing the hat, and an animated NFT of the painting.
The items were sold for about $170,000 less than what she was asking for at the end of the auction, which started at $250,000. It only attracted five bids in total, which is sad.
The reason for the auction failure seems to be the use of Solana token.
The price dropped over the two weeks of the auction as Solana and the rest of the market took a huge hit. The lot sold for less than it was worth.
Banking on an incredibly volatile asset class has more ups and downs than a roller coaster. If she wants to use a new coin next time, we might suggest Grimacecoin.
The items in the auction failed to bring desired price.
The Trump family was aghast that Grifters made a Trump coin.
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