Donald Trump’s digital NFT tokens rise sharply amid federal charges

The collectible NFT tokens of former US President Donald Trump have risen sharply in value. The reason is that criminal charges have been brought against the odious politician.

Reports from the US media state that Trump was accused of having a secret affair with a hostess. The politician supported his passion with funds that were supposed to be used for his 2016 election campaign. Later, the billionaire even offered the woman a so-called «monetary reward» of $ 130,000 for hiding this information from the media.

According to the NFT Price Floor, the revenue from the sale of Trump Digital Trading Cards (TRUMP) tokens has increased by 300% over the past 24 hours. On the morning of March 31, analysts recorded the sale of virtual assets worth 99,952 ETH. A total of 179 trading deals were made today.

According to CoinGecko, at the time of writing, the cheapest Trump token is trading for 0.58 ETH or $ 1,041.68. Since the launch of the collection, the initial price of NFTs has increased by more than 1000%. Currently, NFTs are owned by 13 963 unique users, which is 31.03% more than in December 2022. It should be noted that Trump released the first NFT collection on December 15, 2022.

The last time Trump’s collectible tokens broke the record was back in the winter. As a reminder, on February 14, the minimum price of Trump Digital Trading Cards reached the highest price of $ 1000. Despite the fact that the images depicting the 45th president of the United States in various guises are considered mostly meaningless, the demand for them is not decreasing, but only fueled by new scandalous details of the politician’s activities.