The Rise of Trump’s NFTs After His Arrest
The digital trading cards (NFTs) featuring the face of none other than former U.S. President Donald Trump shot up in price following his arrest in Georgia. The trading volume of Trump’s digital cards experienced a jaw-dropping increase of 177% in the last seven days, culminating in a peak of 24.1 ETH on August 25. The floor price also rose by 61%, setting a new bar at 0.19 ETH.
Key Points:
- The trading volume of Trump Digital Trading Cards increased by 177% in the past 7 days.
- On August 25, the trading volume reached a peak of 24.1 ETH.
- The floor price of the NFTs also surged by 61%.
- Trump was arrested in Atlanta for allegedly interfering in the 2020 presidential election in Georgia.
- Trump’s mugshot and captions went viral on social media.
Hot Take:
The sudden increase in Trump’s NFTs’ value following his arrest shows the fascination people have with controversial figures. However, it remains to be seen whether this surge is sustainable or just a temporary hype. Nevertheless, it is clear that Trump’s arrest has generated significant attention and discussion surrounding his digital cards.
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