April 26, 2024

Donald Trump's arrest attracts buyers to his NFT collection

Article Reading Time:
1 min.

Donald Trump's arrest attracts buyers to his NFT collection

After the arrest of former US President Donald Trump, sales of NFTs from his collection soared by 450%.At the same time, after the charges were filed, the figure grew even more - by 500%.

According to the cryptocurrency platform CryptoSlam, over the past 24 hours, the trading volume of the Trump Digital Trading Cards collection was almost $70,000, which is 450% more than the previous day. 

On March 31, when Trump was indicted, the increase reached almost 500%, but the volume itself was smaller, about $50,000.Today, the minimum price for the collection's tokens reached $750, although on average there was an exchange of NFTs for $900.

The former U.S. president was taken into custody when he visited the Manhattan District Attorney's office.This is the first case of arrest of a politician who sat in the chair of the President of the United States.Related to the arrest of payments to star Stormy Daniels for keeping quiet about their affair.

It seems that the hype around the Donald Trump case will occupy the minds of Americans for quite a long time, so there is a significant possibility of continued growth in trading volumes and the price of the NFT Trump Digital Trading Cards collection.

Recall that Donald Trump released his own collection of 45,000 non-fungible tokens in December last year.All NFTs were sold in just a few hours, with a total trading volume of $3.53 million.The pictures depict Trump himself in a variety of situations, clothes, and so on.