Donald Trump’s NFT collection has seen a significant increase in sales after the former US president’s recent court appearance. Released in December, the collection features tokens with Trump’s likeness, which buyers can purchase for $99. In the hour after the court appearance, the token holders experienced a 462% increase in activity with 30 sales made. Over the next six hours, 47 more tokens were sold. While this is a notable uptick in activity, it is still relatively small compared to other top collections in the NFT space.
Despite facing 34 felony criminal charges of falsifying business records, Trump maintains a strong following, and the recent court appearance has kept him in the headlines. It is unclear whether the surge in sales for Trump’s NFT collection will continue in the coming days, but the former president’s ongoing presence in the media could continue to drive interest in his digital tokens.
The floor price for Trump’s NFT collection has remained steady at around 0.5 ether, equivalent to roughly $930. However, the NFTs representing the sweepstakes prizes associated with the Trump Digital Cards have had zero sales in the last six hours.
To note, a Non-fungible token or NFT is a type of digital asset that represents ownership or proof of authenticity of a unique item or piece of media, such as images, videos, or music, stored on a blockchain.
