Sales of Donald Trump’s digital NFT tokens increased by 251% after news of his arrest

Sales of former US President Donald Trump’s collection of non-fungible tokens have increased by 251%. This happened after the odious politician was arrested last night in New York. According to CryptoSlam, in the last 24 hours alone, bidders have purchased $ 75,000 worth of Trump’s NFTs.

Crypto analysts consider this a precedent — federal charges not only did not make Trump Digital Trading Cards cheaper, but also caused a huge demand for the scandalous former president’s digital cards.

It is worth noting that Donald Trump is facing more than 30 charges related to illegal business activities, a sex scandal, misuse of funds that were supposed to be used for the election campaign, etc.

As a reminder, on April 1, Trump’s tokens broke another record — NFTs grew by 500% in a day. This happened after the news of criminal charges against the former US president was published. By that time, Trump’s collectible tokens had been growing sharply in the winter — on February 14, the minimum price of Trump Digital Trading Cards reached the highest price of $ 1000.

At the moment, some of the Trump NFTs are available in limited quantities, which makes them even more valuable to collectors. In addition, certain digital tokens have exclusive privileges, such as access to private events or the opportunity to receive memorabilia signed by Trump. Such «bonuses» also stimulate demand for tokens of the scandalous official and businessman.

As the situation around Trump’s arrest unfolds, there is a lot of speculation about the future value of his NFT collection. Some analysts predict that the increased attention to the former US president may lead to an even greater surge in sales. Others believe that buyer interest may fade over time. It remains to be seen how the crypto market will continue to react to the situation.