Following the recent arrest of former US President Donald Trump, the sales of his non-fungible tokens (NFTs) have been on a consistent rise. These digital collectibles in the form of images and videos have seen a surge in demand since the news of Trump’s indictment broke out. Trump’s controversial statements and actions during his presidency have made his NFTs a sought-after item among collectors and investors. With their unique digital signature, NFTs have become a lucrative investment option for those looking to own a piece of history. The NFT market continues to grow and with the recent influx of interest in Trump’s NFTs, it is likely that the trend will continue for the foreseeable future.
Interest in NFTs featuring Donald Trump has surged following news of his recent arrest. According to data from leading NFT marketplace OpenSea, digital art depicting the former President of the USA has seen increased popularity. More than 60 users have purchased Trump Digital Trading Cards in the past 12 hours, with most spending around 0.5 ETH for cryptographic images of the 76-year-old American posing on various backgrounds. The most expensive purchase occurred when an individual, paraguanads.eth, bought a card featuring Trump with a rifle and wearing an orange hat for 0.697 ETH (around $1,333 at current prices).
Despite his harsh criticism of the cryptocurrency sector, Trump launched a personal NFT collection at the end of 2022. Purchases of such art offer buyers the chance to meet Trump, while those who buy 45 NFTs could have dinner with him.
The former President recently made headlines when American prosecutors indicted him on 34 charges, including business fraud over hush-money payments to ex-porn actress Stormy Daniels. Daniels claimed she had a sexual relationship with Trump in 2016 and that he paid her $130,000 to keep quiet about it. Trump pleaded not guilty to all charges, describing the lawsuit against him as an “insult to our country”.
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