The Trump NFT Collection Surges in Value After Interview with Tucker Carlson
The prices and volumes of former president Donald Trump’s NFT collection have experienced a significant boost following an interview with conservative media personality Tucker Carlson on the social media platform X. Here are the key points:
- The Polygon-based digital cards were selling for 0.13 ETH or just over $215, representing an increase from 0.1 ETH or $150.
- The collection had amassed over 17ETH of trading volume, with the floor price jumping nearly 25% and the trading volume reaching $23.5 million.
- Two wallets were responsible for the significant increase in activity, indicating the impact of bigger players in the NFT market.
- The Trump NFT collection was released in December 2021, featuring 45,000 fantasy cards of Trump in various avatars.
- Interest in the NFTs has cooled since launch, and the price fluctuates with news associated with Trump.
It is worth noting that Melania Trump also attempted to release NFTs, but her efforts were unsuccessful. Additionally, Trump’s surprising revelation as a major holder of tokens, with around $2.8 million in cryptocurrency and nearly $5 million in licensing fees, contradicts his previous negative views on digital assets.
Hot Take
The surge in the Trump NFT collection’s value after the Tucker Carlson interview highlights the influence of media personalities on the crypto market. It also demonstrates the volatility of NFT prices and the significant role played by prominent players in shaping market trends.