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Trump's ‘Digital Trading Cards’ are about to get dumped. STAY AWAY.

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by COINS NEWS 129 Views

Trump's ‘Digital Trading Cards’ are about to get dumped. STAY AWAY.

In case any of you were planning to ape into Trump DTC’s, please don't.

One wallet minted 80 ETH worth of cards. They hold 2.22% of the entire collection, and none of them have been sold or moved.

This address holds the #1-1000 of the Trump Cards, $500k of wETH, and $300 of MATIC.

Their address has been getting $30-200 of wETH sent every few minutes/seconds, probably being the one of two royalty addresses getting fees. Pay attention to the highlighted 0xfb654 address below:

Two addresses are receiving the exact same amount of wETH in a sale tx. The royalty fee is 10%, and these addresses are earning 10% of 0.5075 wETH (the sale price).

Latest ERC-20 txs for address with 1k collected

What's interesting is this address is a Gnosis safe, so it's a multisig. The multisig was generated 14hrs before their mints, so it's evident that it was made for this collection.

One address has made three executive transactions (telling the multisig what to do), withdrawing a few MATIC at a time. This was likely a test to see if the multisig operated as intended.

Seeing as this address is likely earning the royalties, and owns so many of the Trump Cards, this is almost certainly someone in Trump's organization.

To me it seems as though this multisig will sweep all of the cheap/floor price cards and then dump them all after they hit a specific price. Any regular person would sell at least a few when the price pumps, especially if they have a giant amount like 1k.

THIS COLLECTION WILL DUMP. DO NOT FOMO.

submitted by /u/Trixteri
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