The popularity of Donald Trump’s cryptocurrency tokens increased by 800% per day

The story of Donald Trump’s collection of non-fungible tokens continues. This time, the sales volume of Trump Digital Trading Cards increased by 800% in a day. Despite the fact that the images depicting the 45th president of the United States in different guises were called ridiculous by many, they have begun to be actively purchased again.

According to the CryptoSlam analytical platform, on January 18, sales of Trump’s NFTs increased by 800% (from $ 34,000 to $ 306,000). On the morning of January 20, the demand for tokens jumped by 1900%, but it lasted less than an hour. Users attribute the new jump in sales and prices of Trump Digital Trading Cards to information about Trump’s return to popular social networks.

Thus, Elon Musk plans to return the account of the former US president on Twitter after the majority of users voted in favor. Also, according to NBC News, Trump’s team has asked Facebook to restore his account. Donald Trump was blocked on Twitter and Facebook after the storming of the US Capitol on January 6, 2021, when Trump’s supporters seized the Capitol building, killing five people and forcing members of the US Congress to temporarily evacuate.

As for Trump’s NFT collection, at the end of December, token sales fell by 98% compared to the peak of their popularity on December 17. However, the situation with the popularity of the former president’s NFTs is constantly changing. Members of the cryptocurrency community have called Trump’s NFT collection part of a well-thought-out strategy ahead of the 2024 US presidential election.

The politician hopes to attract the attention of Web-3 and cryptocurrency supporters by demonstrating his loyalty to technological innovations. Many users openly mock the images, which look more like comic book images. But there were also those who admired the politician 's desire to participate in the promotion of Web3.