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Trump NFT sales volume soars 461% following indictment

March 31, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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CoinDesk Consensus

Former U.S. President Donald Trump’s NFT assortment gross sales quantity rose 461% to $185,783 within the final 24 hours regardless of a grand jury indictment of March 30.

The NFT assortment was concerned in 183 gross sales transactions within the final 24 hours, in line with CryptoSlam’s knowledge.

In the meantime, OpenSea’s knowledge confirmed that the digital property noticed 459 gross sales, with its gross sales quantity dropping 41% to 244 ETH through the reporting interval.

The uptick in its gross sales quantity was positively mirrored within the ground worth of the gathering, in line with crypto knowledge aggregator CoinGecko. In keeping with the info, Trump NFTs’ ground worth grew 16% to 0.568 ETH —  roughly $1,019.

The market cap of the NFTs additionally elevated by 16% to 25,560 ETH — $45.88 million.

Trump’s NFTs have loved a starling 12 months as curiosity within the property has elevated because the 12 months progressed. In 2023, the ground worth of the gathering went from a low of 0.145 ETH recorded on January 6 to as excessive as 0.675 on February 13.

President Trump NFTs
Trump NFT Ground Value (Supply: CoinGecko)

Trump responds to indictment

Trump has lashed out on the information of his indictment, calling it a “political persecution,” including that he can not get a good trial in New York.

In a prolonged assertion posted on Reality Social, Trump added:

“THIS IS AN ATTACK ON OUR COUNTRY THE LIKES OF WHICH HAS NEVER BEEN SEEN BEFORE. IT IS LIKEWISE A CONTINUING ATTACK ON OUR ONCE FREE AND FAIR ELECTIONS. THE USA IS NOW A THIRD WORLD NATION, A NATION IN SERIOUS DECLINE. SO SAD!”

Trump grew to become the primary U.S. President to be criminally indicted after a grand jury voted to indict him over a hush cash cost made to Stormy Daniels through the 2016 election.

The Guardian reported March 31 that the previous President is anticipated to seem for arraignment on Tuesday. The report added that he could be fingerprinted, photographed, and processed for arrest.

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Tags: IndictmentNFTSalesSoarsTrumpVolume
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