Donald Trump’s NFT Sales Skyrocket After His Arrest In New York City

April 5, 2023 Nitish shaw Cryptocurrency News 1

Former President trump nft

Former US president Donald Trump was arrested on April 4, 2023, in New York City on charges of tax fraud, obstruction of justice, and incitement of insurrection. The news sent shockwaves worldwide and sparked a frenzy of activity in the crypto art market.

According to data from NonFungible.com, a website that tracks NFT sales and trends, the sales volume of Trump-related NFTs quadrupled in the 24 hours following his arrest. The total value of these NFTs reached $4.8 million, up from $1.2 million the day before.

Former President @realDonaldTrump
‘s arrest in Manhattan leads to a 200% surge in sales of his #NFT trading cards.

Some of the most famous Trump NFTs include:

  • A pixel art portrait of Trump behind bars, created by artist @CryptoPunks. It sold for 420 ETH ($1.4 million) on OpenSea, a leading NFT marketplace.
  • A digital collage of Trump’s tweets, memes, and news headlines, created by artist @Beeple. It sold for 169 ETH ($560,000) on Nifty Gateway, another prominent NFT platform.
  • A video clip of Trump’s infamous “covfefe” tweet, accompanied by a voice-over saying, “You’re fired.” It was created by artist @MarkRober and sold for 88 ETH ($292,000) on Foundation, a curated NFT platform.

The surge in demand for Trump NFTs reflects the polarized opinions and emotions that his presidency and legacy have provoked.

Some buyers may see them as a way to celebrate his downfall, while others may view them as a form of protest or defiance. Some may see them as valuable collectibles or speculative investments.

Whatever the motivation, it is clear that Trump’s arrest has generated a new wave of interest and innovation in the NFT space. As the legal saga unfolds, it remains to be seen how the crypto art market will react and evolve.

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About Nitish shaw 219 Articles
An aspiring novelist and a random blogger, Nitish is also a porky-mouthed banter specialist when it comes to football (soccer), films, TV Series, History and socio-economic issues. He travels, indulges in music and plays outdoor sports to get his creative juices flowing. “There’s the scarlet thread of murder running through the colorless skein of life, and our duty is to unravel it, and isolate it, and expose every inch of it.”- Quote this, and you will be his favorite person for at least as long as the two of you can hold up the conversation.

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