Trump’s Bitcoin-branded Sneakers Sell Out in Minutes

Donald Trump is going all out for crypto.

The Republican presidential candidate launched his own Bitcoin-branded sneakers with price tags ranging from $299 to $499. The orange high tops, of which there were only 1,000 for sale at $499 apiece, sold out in minutes.

Five lucky fanatics will receive a pair signed by Trump himself.

Two other types of sneakers are also on offer. Black high tops, similar to the orange model, are selling for $299 and will have 15 randomly signed pairs. Orange low tops, the final model, are also available for $299, but only four recipients will have theirs signed.

Current listings for the limited orange edition range from $700 to $2,500 on eBay.

The “Crypto President”

Trump has been pandering to the crypto crowd lately. The “Trump Crypto President” that’s printed on the side of the sneakers, right below the Bitcoin logo, follows a fawning speech for the industry at the Bitcoin2024 conference in Nashville, Tennessee.

After stepping on stage an hour late due to a mysterious Jordi Montes character, Trump said he would fire SEC Chair Gary Gensler on Day 1, commute Ross Ulbricht’s sentence, and never sell the more than 215,000 BTC held by the U.S. government.

The former president has also forced the opposing Democratic party to rethink its stance on crypto.

President Joe Biden and his administration have been adamantly anti-crypto. Senator Elizabeth Warren – who remains staunchly anti-digital assets – is the commander of the Anti-Crypto Army, with several members on her side of the aisle. That’s in addition to a hostile Securities and Exchange Commission (SEC) and a suspected Operation Chokepoint 2.0.

That’s until Trump came along and started calling for crypto to stay in the U.S. Biden backtracked and avoided vetoing a key piece of legislation that is considered a huge win for the industry. Last week, members of the Democratic party called for the DNC to reconsider its position on crypto.

And now Trump is capitalizing on his newfound crypto fans. According to the candidate, he’s raised $25 million so far from the crypto lobby. Sneaker sales are now the cherry on top.