Donald Trump’s cryptocurrency tokens rise by 500% in a day amid federal charges

According to the CryptoSlam analytical platform, sales of Donald Trump’s NFT token Trump Digital Trading Cards increased by 461% per day. The rapid growth in the popularity of NFTs occurred after the publication of news about the criminal charges against the former US president.

Over the past day, more than 184,000 NFTs were sold for a total of about $ 186,000. Yesterday, March 31, the minimum price of one token with the politician’s image was 0.58 ETH (about $ 1000). Since the launch of the collection, the initial price of NFT has increased by more than 1000%.

Regarding the reasons for the federal charges against Trump, reports from the US media state that the former US president 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.

The purchase of NFT Collect Trump Cards automatically enters users into a lottery with prizes such as participation in a cocktail party at Mar-A-Lago, dinner in Miami, a golf trip with the former president, or a Zoom call. The Trump Digital Trading Cards collection is a set of images by illustrator Clarke Mitchell that depict the politician in a pretentious environment and in various, including superhero, outfits.

The last time Trump’s collectible tokens broke the record was back in the winter. On February 14, the minimum value of Trump Digital Trading Cards reached the highest price of $ 1,000. 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.