Trump’s Unprecedented Mugshot Sparks NFT Card Gold Rush
In a surprising turn of events, former U.S. president Donald Trump’s mugshot, released after his booking at the Fulton County Jail, has caused a frenzy in the world of NFTs. Here are the key points:
- Trump’s mugshot release has led to a surge in the sales of his NFTs.
- The sales of Trump’s Digital Card series experienced a 426% increase in just one day.
- Over the course of a week, Trump NFT sales rose by 208%.
- So far, Trump’s NFTs have generated $20.68 million from 47,552 transactions.
- Approximately 14,016 people own at least one Trump digital card, with an average ownership duration of 19 days.
Despite facing felony charges, Trump remains steadfast in his political ambitions and is considering running in the next U.S. general elections. He has also expressed concerns about the current administration’s handling of the nation and the diminishing prominence of the U.S. dollar. Financial disclosures suggest that Trump has made a significant profit from his involvement in the NFT market, earning around $2.8 million. Additionally, he possesses an ethereum wallet valued at a minimum of $1 million.
Hot Take
The release of Trump’s mugshot has not only sparked a renewed interest in his NFTs but also highlighted the potential profitability of the NFT market. As more public figures and celebrities embrace this digital asset class, we can expect to see further growth and investment in NFTs.
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