August 27, 2023

Trump’s NFTs See Surge in Trading Activity over Past Week

Trump NFT Collection

Trump NFT Collection

The Trump Digital Trading Cards, an NFT collection depicting illustrations of Donald Trump, have witnessed a substantial increase in both trading volume and price after a highly eventful week in the US political scene.

Experts believed that this surge in trading activity can be attributed to the recent release of Trump’s mugshot and his interview with Tucker Carlson, a former Fox News host.

Interestingly, the trading cards have come back, with a trading volume increase of over 160% in the past week, according to OpenSea, an NFT marketplace. The trading volume reached a daily high of 24.1 ETH on August 25, the most since May 4.

In addition, the sales of Trump Digital Trading Cards also saw a significant increase in the last week. OpenSea’s data shows a surge of 155% in the number of sales, resulting in a total of 237 trades over the past seven days.

In the past week, the floor price of digital trading cards has increased by 52%. Currently, the minimum price for a non-fungible token from this collection is 0.1797 ETH.

In December 2022, the Trump Digital Trading Cards were launched on the Polygon chain. The NFT community was thrilled with its debut.

Donald Trump’s mugshot was recently taken and circulated after he turned himself in at the Fulton County Sheriff’s office. He is facing a criminal case in Georgia for allegedly attempting to manipulate the will of voters in the 2020 election.

Despite being banned from X (formerly Twitter) in January 2021 and later reinstated by CEO Elon Musk, the former president posted his own mugshot on Friday. This is the first time he has posted anything in more than two years.

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