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Trump NFT Drop Gets Meme Stock Investors Jumping Into Creatd (CRTD)

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Creatd (CRTD) stock is taking off on Monday thanks to news of it offering up three NFTs of former President...

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This story originally appeared on InvestorPlace

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

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Creatd (NASDAQ:CRTD) stock is taking off on Monday thanks to news of it offering up NFTs of former President Donald Trump.

Image of a neon sign spelling out NFT representing Trump NFT news boosting CRTD stock.
Source: Sahara Prince/Shutterstock.com

According to Creatd, it will be offering up three NFTs of Trump via its OG Collection. This is a series of images collected from Bob Guccione, an artist and photographer, as well as the previous CEO of General Media.

Creatd notes that all three of the NFTs it’s offering are photos of a young Donald Trump. The first one revealed today features Trump signing the breast of a model while at a formal event.

Of course, the NFT isn’t going for cheap. Creatd is charging 240 Ethereum (CCC:ETH-USD) for it. Based on the price of ETH today, this has the company seeking about $1 million for the Trump NFT.

The NFT includes the original high-resolution JPEG of the image. Whoever shells of the money for it will also receive “a large scale 1/1 print of the photograph in a gilded frame.” All of this will be authenticated by the OG Collection curation team.

Creatd founder and co-CEO Jeremy Frommer said the following about today’s news.

“They say a picture is worth a thousand words, and the Trump photographs are no exception. We have waited a long time to sell these priceless images which were captured decades before they took on the significance and symbolism they hold today.”

CRTD stock is heading 7.5% higher as of Monday afternoon.

There’s more recent stock news to look into below!

We’ve got all the latest stock stories for traders on Monday. That includes what traders are saying about Meten Holding Group (NASDAQ:METX), Greenpro Capital (NASDAQ:GRNQ) soaring, and more. You can get up to speed on these matters at the following links!

More Monday Stock Market News

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks. 

Read More:Penny Stocks — How to Profit Without Getting Scammed

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The post Trump NFT Drop Gets Meme Stock Investors Jumping Into Creatd (CRTD) appeared first on InvestorPlace.