Sales of former President Donald Trump’s NFT collection jumped by 133% on Tuesday, hours before his expected arraignment in Manhattan.
Nearly $37,000 worth of the Trump-emblazoned digital cards changed hands in the last 24 hours, according to CryptoSlam data.
The price swing comes as Trump is set to be arraigned in the U.S. District Court for the Southern District of New York this afternoon. The former president, who is running to reclaim his old job, was indicted by a grand jury last week likely over alleged hush money payments to porn actress Stormy Daniels.
Still, the price spike is relatively small compared to the action just months ago. The former president’s 45,000-item NFT collection sold out within hours when it debuted in December, driving $3.53 million in sales. Sales jumped 500% last week — hitting $50,000 — after the news broke that Trump had been indicted.
(by Stephanie Murray)
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