Following a criminal indictment in New York, Donald Trump showed up before the New York City court on Tuesday, and the deals of his non-fungible tokens (NFTs) surged, as per OpenSea information. It stated that holders of Trump Digital Trading Cards sold 47 tokens collectively, a 462% increase.
In the last 24 hours, the volume of trading for the Digital Trading Cards collection increased by 220%. Sales of around $75,000 worth of Trump NFT were made in something like a day, as per CryptoSlam data.
During the same period, the number of sales transactions increased by more than 190%.
The collection's floor price reflected the same trend as the increase in sales volume. After a 4.3% increase, the group's cheapest listed NFT now costs 0.47 ETH. This is identical to $908 at current costs. In the meantime, the NFTs' market capitalization increased by 7% to 21,150 ETH.
The collection of 45,000 Polygon and Ethereum-minted cards, which went on sale in December of last year for $99 each, quickly sold out. The buyer of these cards is said to be entered into a sweepstakes to win additional prizes, such as a personal meeting with the former president, a round of golf, and a cocktail hour at the Mar-a-Lago club.
Trump is currently facing potential criminal charges in connection with this matter, and he has consistently denied having an affair with Daniels.
The arraignment, which took place in a Manhattan courtroom and was a stunning spectacle for Trump, who was confronted by prosecutors who forthrightly accused him of committing a crime, was a shocking event. The hearing set the stage for a possible criminal trial in the city where he became famous for the first time in the past few decades.
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