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NFT ‘trading cards’ of former United States President Donald Trump have soared as the billionaire faces a criminal indictment.
A Manhattan grand jury has reportedly charged the former president of the United States. Specifics of the charges will become clear in the coming days.
Donald Trump NFT Trading Cards See Higher Volume
Trump Digital Trading Cards have seen almost a 300% rise in volume in the last 24 hours. According to data by NFT Price Floor, sales volume stands at 99.952 ETH with 179 sales.
At the time of writing, the price floor of Trump Digital Trading Cards is at 0.598 ETH.
The NFT cards’ initial mint price was $99, but it has since increased by 1,096%. So far, the NFT cards have ownership of 13963 unique owners, a rise of 31.03% since its December release. Trump released his first deck of digital cards on his social platform on December 15, 2022. The NFTs sold out within hours after the release.
Meanwhile, the price floor of Trump Digital Trading Cards has increased by 24.84% over the past 24 hours. Seven days’ highest selling price is 1.2955 ETH, its lowest sale price is 0.0755 ETH, and its average sale price is 0.5304 ETH. With a floor cap of 26,910 ETH, the project is currently at #25 on NFT Price Floor.
Trump Digital Trading Cards have a maximum supply of 45,000 and a stated ratio of 16.63%.
These NFTs are renowned for a package offer that comes with the artwork. Trump offered to have private or gala dinners with some digital collections and play golf on the Trump estate. While the price rise made collectors profit, Trump’s impending arrest might stop all perk possibilities.
Trump Indictment Proceedings: What to Expect?
While the case specifics are awaited, media reports note that Trump is accused of paying money to an adult entertainment celebrity during his 2016 presidential campaign.
A spokesperson for the Manhattan District Attorney’s Office was quoted saying,
“This evening we contacted Mr. Trump’s attorney to coordinate his surrender to the Manhattan D.A.’s Office for arraignment on a Supreme Court indictment, which remains under seal. Guidance will be provided when the arraignment date is selected.”
Trump has disputed having an affair with the adult star in question. Daniels, aka Stephanie Clifford, reportedly received $130,000 from Trump’s former personal lawyer, Michael Cohen, in 2016. The reports allege that Trump acknowledged paying back Cohen for money given to Daniels as legal expenses.
Notably, several criminal charges upheld guilt against Cohen in 2018. And the former president is the first in the U.S. to face these charges.
As per reports, business record falsification to support another crime, like a campaign funding violation, is a felony under New York law.