Trump NFT sales volume surges 461% after indictment
Former US President Donald Trump’s NFT collection sales volume surged 461% to $185,783 in the last 24 hours despite a March 30 grand jury indictment.
The NFT collection was involved in 183 sell transactions in the last 24 hours, according to CryptoSlam’s data.
Meanwhile, OpenSea’s data showed that the digital asset saw 459 sales, with sales volume falling 41% to 244 ETH during the reporting period.
The increase in sales volume was positively reflected in the floor price of the collection, according to crypto data aggregator CoinGecko. According to the data, the Trump NFT floor price grew by 16% to 0.568 ETH – roughly $1,019.
The market cap of the NFTs also increased by 16% to 25,560 ETH – $45.88 million.
Trump’s NFTs have had a fantastic year as interest in the assets has increased as the year has gone on. In 2023, the floor price of the collection went from a low of 0.145 ETH recorded on January 6th to as high as 0.675 on February 13th.
Trump responds to indictment
Trump has hit out at news of his indictment, calling it a “political persecution,” adding that he may not get a fair trial in New York.
In a lengthy statement posted on Truth Social, Trump added:
“THIS IS AN ATTACK ON OUR COUNTRY THAT HAS NEVER BEEN SEEN BEFORE. IT IS LIKE A CONTINUING ATTACK ON OUR ONCE FREE AND FAIR ELECTIONS. THE USA IS NOW A THIRD WORLD NATION, A NATION IN SERIOUS BACKWARDS. SO SAD!”
Trump became the first US president to be criminally indicted after a grand jury voted to indict him for a hush money payment to Stormy Daniels during the 2016 election.
The Guardian reported on March 31 that the former president is expected to appear for trial on Tuesday. The report added that he would be fingerprinted, photographed and processed for arrest.
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