The floor price of Trump Digital Trading Cards surged by 21.5% following the indictment of former U.S. President Donald Trump by a Manhattan grand jury.
What Happened: Trump is alleged to have committed a crime by falsifying business records, reported The Washington Post. Manhattan District Attorney Alvin Bragg is reported to have convened the grand jury earlier this year.
See More: Top Indian Apps That Give Bitcoin, NFT Rewards
As a result of the news, the floor price of Trump NFT reached 0.59 Ethereum ETH/USD and sales volume surged by 333% to 105 ETH, with the number of sales increasing by 284% to 188 units, as per data from OpenSea.
Trump Digital Trading Cards sold 45,000 trading cards in less than 12 hours on the first day of its launch — Dec. 16 — featuring a wide range of creative cosplay costumes, such as an astronaut, cowboy and superhero. Originating on Polygon MATIC/USD, the NFTs offered buyers a chance to win exclusive rewards, such as dinner or a meet-and-greet with Trump.
Price Action: At the time of writing, ETH was trading at $1,798, down 0.37% in the last 24 hours, according to Benzinga Pro data.
Read More: Bitcoin, Ethereum, Dogecoin Spike Despite Crypto Exchange Shutdown After SEC Lawsuit: Analyst Says Apex Crypto Has 'Plenty Of Room To Grow
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.