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It became known what increased the popularity of Trump’s cryptocurrency collection by 1000%

1:40 pm, August 26, 2023

Former US President Donald Trump’s collection of non-fungible tokens has risen sharply in value after his interview with American TV host Tucker Carlson, which gained more than 200 million views within hours of its release. More details were reported by Coindesk journalists.

At the time of publication, the minimum value of Trump’s NFT is 0.17 ETH, compared to 0.1 ETH last week. The day after the interview was published, the trading volume of the NFT collection on the OpenSea platform increased by almost 1000% to 4.73 ETH per token.

Carlson published the interview a few minutes before the start of the presidential debate on Fox News. As you know, in May of this year, the broadcaster announced that it was terminating its cooperation with the TV host, after which he started his own show on Twitter and accused Ukraine of blowing up the Kakhovka hydroelectric power plant in one of his episodes. It was reposted and supported by Elon Musk.

As for Trump, who released his first NFT collection in mid-December 2022, he arrived in prison on August 24 as a criminal defendant. Trump’s non-fungible tokens depict his life and career. Sales of the second series of digital tokens depicting the former US president started on April 18. The new collection included 47,000 NFTs, which is 2,000 more than the first issue.

In August, it was reported that Donald Trump had invested more than $ 2.8 million in cryptocurrencies. The former US president also earned $ 4.87 million in license fees from his NFT collection. In recent months, Donald Trump’s NFT sales have increased dramatically. Initially, the profitable dynamics was recorded after the first indictment of the former president in the New York State court. According to the April OGE report, the collection of digital tokens enriched the politician by $ 1 million.

It is noteworthy that earlier in an interview with Fox Business, the politician called digital assets «a scam and an extremely dangerous thing.» «I have never been attracted to cryptocurrencies because I like the dollar. I’ve never been a big fan of it ,» Trump said at the time.

We would like to add that the US Government Ethics Office recently published a report on the disclosure of Donald Trump’s finances. The agency claimed that he keeps up to $ 500,000 in cryptocurrency on his Ethereum wallet.

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