Immediately after Donald Trump’s April 4 court appearance in New York, the NFT collection of the ex-president saw a significant increase in sales.
Since the first set of Trump digital trading cards was released in December, the value of these collectibles has skyrocketed, with the most recent spike occurring just before his indictment.
According to data provided by DappRadar, Donald Trump’s recent court appearance increased the number of transactions on his NFT collection. Within 24 hours of press time, collection transactions spiked 112%.
While it is encouraging to see an uptick in sales, it is important to remember that the collection’s overall sales activity is still modest compared to other top-trending collections.
What exactly are Trump NFTs?
The 45th President of the United States, Donald Trump, was featured on Non-Fungible Tokens (NFTs), which were sold for $99 in December of the previous year. By engaging in a promotion linked to the purchase of Trump Digital Trading Cards, participants had the chance to win VIP meet-and-greets with the former president of the United States, Donald Trump.
NFT fans loved the collection right away. It was nearly sold out as soon as it was made available to the general public. The fact that sales of NFTs increased following Trump’s court appearance shows that consumers still want them despite the uproar over Trump’s ongoing legal problems.
Donald Trump is facing 34 counts of criminal fraud in connection with allegations that he falsified corporate paperwork. The Trump Organization, which manages the former president’s business affairs, is accused of filing false tax returns and presenting false financial information.
These allegations stem from the Trump Organization’s control over the previous President’s business dealings. Despite the fact that legal proceedings against Trump are still ongoing, his innocence is not being called into question.