Donald Trump’s NFT Sales Skyrocket In Just 24 Hours

Blenda Rosen
Blenda Rosen Crypto
2 Min Read

Donald Trump, the former President of the United States, will publish his collection of NFT cards by the end of 2023. Sales were fluctuating before. But now, sales have soared in 24 hours as a result of his indictment.

Sales of Donald Trump trading cards have soared by more than 500% in 24 hours. This uproar followed the news of the former president’s indictment by a New York grand jury. On a Thursday evening, the news broke. At the same moment, more than $50,000 in Donald Trump NFT cards were swapped.

donald trumps nft sales skyrocket in just 24 hours 2

Donald Trump NFTs Offer Various Prizes

Purchasing Donald Trump‘s NFTs entitles you to enter a lottery in which you can win a variety of prizes. A dinner in Miami, a group cocktail at Mar-A-Lago, or a golf excursion with the former president are all possibilities. According to the first statement, purchasers who purchase 45 or more NFTs would be invited to a gala dinner with Trump in Florida. Because of this, the level of commerce in the collection has always been relatively high. Cards worth over $184,000 were sold in 24 hours, according to CryptoSlam.

The NFTs have Netted $4.5 Million

Because the indictment is sealed, the specific charges are unknown. Yet, they are tied to an occult money payment made by Michael Cohen to Stormy Daniels prior to the 2016 election. Donald Trump‘s former lawyer is Michael Cohen. Trump’s in-person impeachment hearing may take place as soon as Tuesday.

In any case, the spike in sales of these NFTs might have netted him about $4.5 million. OpenSea‘s creation fees entitle the owners to a 10% royalty on secondary sales. This signifies that the project has already amassed more than $100,000 in transactions.

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Blenda Rosen
By Blenda Rosen Financial Writer
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Hi there! My name is Blenda, and I'm a Personal Finance and Markets Reporter at California/USA Today. I graduated from San Jose State University with degrees in Business Administration and International Business, and I'm a Certified Public Accountant (CPA) in California. My passion is creating personal finance content that resonates with my readers. I know from experience how daunting managing personal finances can be, and I aim to provide actionable advice that people can use to improve their financial situations. Whether it's budgeting, saving, investing, or retirement planning, I'm here to help my readers make informed decisions about their money. As a financial journalist, I'm always seeking to expand my knowledge and skills in the field. I'm particularly interested in areas like venture capital, startups, fintech, payment methods, and international banking. I believe that staying up-to-date on the latest developments in the industry is crucial to providing valuable insights to my readers.
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