Prices of NFT trading cards featuring ex-US President Donald Trump have significantly increased as the businessman faces criminal indictment. This pump can also be good news for the overall NFT market. Reports have confirmed that a grand jury in Manhattan has brought charges against the former President.
Current Worth of Donald Trump NFT Cards
There has been a remarkable 300% increase in Trump Digital Trading Cards volume within the last 24 hours, according to figures from NFT Price Floor. With 99.952 ETH in sales and 179 transactions recorded, the trading card market is seeing a remarkable surge in activity.
Trump’s NFT Cards, released on December 15th, 2022, sold out within hours of their initial launch. Initially trading at $99, the NFT cards have seen a phenomenal 1,096% price increase and gained 13,963 unique owners, a 31.03% rise since their launch.
The past 24 hours have witnessed Trump Digital Trading Cards’ price floor increase by 24.84%. It has a floor cap of 26,910 ETH, placing it 25th on NFT Price Floor. Its highest sale price for the last seven days was 1.2955 ETH, and the lowest was 0.0755 ETH, with an average sale price of 0.5304 ETH.
These digital collections have become renowned for their additional offers that accompany the artworks, which include the potential for private dinners or gala events with some of the collections, as well as an opportunity to golf on the Trump estate. Despite the increasing value of these cards, potential legal proceedings involving Trump may put the associated perks at risk.
Charges on Trump
Upon reviewing the media reports, it appears that President Trump is alleged to have paid money to an adult entertainment celebrity during the 2016 presidential election campaign.
Furthermore, Trump has denied allegations of an affair with the adult film actress, Stephanie Clifford (aka Stormy Daniels). Reports have claimed that Michael Cohen, Trump’s former personal lawyer, paid her $130,000 in 2016. Trump has asserted that any money given to Daniels was reimbursement for legal expenses.