Trump NFTs Surge 20% After Meta Reinstates Former President's Instagram, Facebook Accounts

Donald Trump Digital Trading Cards are seeing a sudden spike in floor price after Meta Platforms Inc. META said it reinstated the former U.S. president’s accounts on Instagram and Facebook.

What Happened: Trump cards saw a 20% surge as soon as the news broke out, showed data from OpenSea. The value of Trump NFTs jumped within a few hours. They went from being traded at 0.48 Ethereum ETH/USD at $748, to 0.58 ETH, valued at $899.

Trump doesn’t appear to have posted on both accounts since they were suspended soon after the Jan. 6, 2021, Capitol riots.

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Earlier, last week Trump NFTs surpassed 10,000 Ethereum in volume, with 14,311 owners and 32% unique ownership rate.

Donald Trump digital trading cards caused a stir in January, becoming the number one NFT collection on Polygon, according to OpenSea. The NFTs experienced impressive sales of over 5,500, resulting in a whopping 1,743 ETH (approx. $2.8 million) in trading volume.

Price Action: At the time of writing, ETH was trading at $1,543, down 5.60% in the last 24 hours, according to Benzinga Pro data.

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