Donald Trump’s NFT trading cards soared in value to nearly $1,700 after indictment in Manhattan
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Trump’s digital trading card NFTs surged in value to nearly $1,700 after his indictment.
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Trump became the first former president to be indicted when a Manhattan grand jury voted to indict.
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Trump is likely to turn himself in to the Manhattan DA’s office on Tuesday, his lawyer previously told Insider.
Donald Trump’s digital trading card NFTs have soared in value, with the highest selling at nearly $1,700 following his indictment in the Manhattan District Attorney’s investigation.
According to Newsweek, the bottom price of Trump’s NFT trading card was 0.41 Ethereum (ETH), or about $748 USD, on March 30 when Trump was indicted.
As of publication on April 1, the floor price rose 1.9% to $967.38, or 0.5299 ETH, according to the NFT Price Floor, a website that indexes and tracks data on NFT trading and marketplaces.
Trump’s NFTs saw an average sale of 0.5737 ETH, or roughly $1,000 – up 1.45% in the last 24 hours. The highest sale rose to 0.9298 ETH, which equates to nearly $1,700 — a 10.16% increase over the same period, according to the site.
A New York grand jury voted to indict Trump on Thursday after weeks of hearing evidence in the investigation into hush money paid to adult film actress Stormy Daniels before the 2016 election.
The historic indictment made Trump the first former US president to be charged with a crime, although he has long called the investigation a political witch hunt by Manhattan DA Alvin Bragg. Trump faces over 30 charges in the indictment, according to a CNN report.
Trump’s campaign on Friday also said it had raised more than $4 million within 24 hours of news of the indictment. The campaign said more than 25% came from first-time donors and the average contribution was $34, signaling “that the American people view the impeachment of President Trump as a shameful weaponization of our justice system by a Soros-funded prosecution.”
Officials from the DA’s office wanted Trump, who is due in court by April 4, to surrender on Friday, but his lawyers argued that the Secret Service needed extra time to plan his escort. Trump attorney Joe Tacopina previously told Insider that Trump will likely turn himself in to the Manhattan DA’s office on Tuesday.
In the days leading up to his indictment, Trump, who is seeking re-election in 2024, had been confident an indictment would be weeks away, and Thursday’s indictment caught him and his staff by surprise, according to The Washington Post. The former president had joked about “golden handcuffs” in the days before the indictment and appeared “inflated” and “irritated” after the historic indictment was made public.
On Wednesday morning, Trump posted on Truth Social that he had “SUCH RESPECT” for the grand jury, which would vote to indict him about 24 hours later. Trump then changed his tune, saying he had been impeached by “Thugs and Radical Left Monsters,” adding that the United States has become “A NATION IN SERIOUS DECLINE.”
Read the original article on Business Insider
