Trump NFT Sales Skyrocket After Indictment

1 min read
Source: Decrypt
Trump NFT Sales Skyrocket After Indictment
Photo: Decrypt
TL;DR Summary

Trading activity and prices of Trump NFTs surged after the former US president was indicted by a New York grand jury on more than 30 counts tied to fraudulent business dealings. The floor price of the cheapest-listed NFT in the collection jumped 24% to $1,023, and sales surged with a 404% increase in secondary trading volume over the past 24 hours. The Trump NFTs were originally minted for $99 each, depicting Trump in various costumes and coming with various perks, like a video chat with the former president. The 45,000 NFTs were minted on Polygon, an Ethereum scaling network.

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