Donald Trump NFT values spike, possible criminal charges
NFT ‘former US President Donald Trump’s trading cards have skyrocketed as the billionaire faces criminal charges.
A grand jury in Manhattan is said to have charged the former president of the United States. Specific charges will be made clear in the coming days.
Donald Trump NFT Trading Cards See higher volume
Trump Digital Trading Cards have seen a nearly 300% increase in volume in the last 24 hours. According to data from NFT Price Floor, the sales volume is 99,952 ETH with 179 sales.
At the time of writing, the price floor on Trump Digital Trading Cards is 0.598 ETH.
The NFT cards original coin price was $99, but it has since increased by 1096%. So far, the NFT cards are owned by 13963 unique owners, an increase of 31.03% since their release in December. Trump released his first deck of digital cards on his social platform on December 15, 2022. The NFTs sold out within hours of release.
Meanwhile, the Trump Digital Trading Cards price floor has increased by 24.84% in the last 24 hours. Seven-day high sale price is 1.2955 ETH, low sale price is 0.0755 ETH, and average sale price is 0.5304 ETH. With a floor cap of 26,910 ETH, the project is currently at #25 on the NFT Price Floor.
Trump Digital Trading Cards have a maximum supply of 45,000 and a stated ratio of 16.63%.
These NFTs are known for a package deal that comes with the artwork. Trump offered to have private or gala dinners with some digital gatherings and play golf at the Trump property. While the price increase brought a profit to collectors, Trump’s impending arrest could stop any opportunity for profit.
Trump impeachment: What to expect?
While 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 as saying:
“Tonight we contacted Mr. Trump’s attorney to coordinate his surrender to the Manhattan DA’s office for trial on a Supreme Court indictment, which remains under seal. Guidance will be provided once the trial date is selected.”
Trump has denied having an affair with the adult star in question. Daniels, aka Stephanie Clifford, reportedly received $130,000 from Trump’s former personal attorney, Michael Cohen, in 2016. The reports claim that Trump acknowledged paying back Cohen for money given to Daniels as legal fees.
Notably, several criminal charges sustained guilt against Cohen in 2018. And the former president is the first in the United States to face these charges.
According to reports, falsifying business documents to support another crime, such as a campaign finance violation, is a felony under New York law.
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