Trump NFTs sales volume skyrocket by 3,700% following mug shot release | Headlines | News | CoinMarketCap
08/25/2023 21:18
Former U.S. President Donald Trump’s NFT collections trading volume spiked by more than 3700% following his surrender to authorities in Georgia on …
Former U.S. President Donald Trump’s NFT collections trading volume spiked by more than 3700% following his surrender to authorities in Georgia on Aug. 24.
According to Coingecko data, the former President’s collection Series 1 and 2 trading volume jumped by roughly 300% and 3,750% in the last 24 hours to 18.89 ETH ($31,429) and 9.88 ETH ($16,361), respectively.
The increase in sales volume boosted the collection floor prices, with the first collection’s floor price and market capitalization rising to $313 and $14.07 million. Likewise, the second collection saw its floor price and market cap climb to $50 and $2.3 million.
Meanwhile, this marks another instance of a Trump-related event influencing the value of his NFT collections. Earlier this year, the sales volume of the former …