Following his court appearance Tuesday in New York City, the NFT collection of former United States President, donald trump, experienced a significant increase in sales. In December, a set of digital Trump cards was created and since then their value has skyrocketed. The collection has seen modest success in the NFT market, but only recently.
The data published by OpenSea reveal that Donald Trump’s NFT collection experienced a surge in sales after his recent court appearance. In just one hour, the collection’s sales rate increased by a staggering 462%, with 47 more sales in the next six hours.
While it is encouraging to see an increase in sales, it is essential to note that overall sales activity for the collection is still relatively low compared to other top trending collections.
In December of last year, non-fungible tokens (NFTs) containing images of former US President Donald Trump were made available for $99. A promotion related to the acquisition of Trump Digital Trading Cards allowed participants to win VIP meetings with the former President of the United States.
The collection was an immediate hit with NFT fans, selling out almost as quickly as it was released. The fact that NFT sales surged after Trump’s court appearance shows that consumer demand still exists, despite the commotion surrounding Trump’s ongoing legal troubles.
Trump pleads not guilty to felony criminal charges
As a result of the corporate document falsification allegations, Donald Trump faces 34 counts of criminal fraud. The accusations that were presented against the former president have been refuted by him.
The Trump Organization, which manages the former president’s business dealings, is accused of filing fraudulent tax returns and providing misleading financial information. Although legal action against Trump continues, his innocence is not being questioned.
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