Trump’s NFT floor price has risen to 0.59 ETH due to rumors of lawsuits, almost doubling in the past 24 hours
According to reports, due to the possible prosecution and arrest of former US President and current Republican presidential candidate Trump, the floor price of the NFT series Trump Digital Trading Cards suddenly rose to 0.59 ETH, almost doubling from 0.33 ETH last week. According to OpenSea data on the NFT market, the trading volume of the NFT series has also increased, with 735 NFTs sold in the past 24 hours and a trading volume of about 401 ETH. According to Fox News and the New York Times, Trump may be prosecuted in the next few days, and prosecutors are considering accusing him of violating campaign finance laws and falsifying business records. （coindesk）
Interpretation of this information:
Recently, the news about the possible prosecution and arrest of former US President Trump has caused a surge in the floor price of the NFT series Trump Digital Trading Cards, which nearly doubled from 0.33 ETH to 0.59 ETH in just one week. The NFT market has also seen an increase in trading volume, with 735 NFTs sold in the past 24 hours and a trading volume of about 401 ETH. It is reported that Trump may be prosecuted in the next few days for violating campaign finance laws and falsifying business records. All of these events have caught the attention of the media and the public.
With the sudden increase in the floor price of Trump Digital Trading Cards, it seems that investors are betting on the potential value of these NFTs. An NFT (non-fungible token) refers to a unique digital asset that is verified on a blockchain network, providing proof of ownership and authenticity. NFTs have gained attention and popularity in recent months due to their potential as a new form of investment and collectible item. The rise of Trump Digital Trading Cards in the NFT market is not only an indication of the interest in digitalized versions of collectibles, but also a reflection of the current political landscape in the United States.
The news of Trump’s possible prosecution and arrest has been widely covered by major media outlets, such as Fox News and the New York Times. This current event has been a hotly debated topic, which makes it no surprise that it has affected the NFT market. It remains to be seen how this situation will develop and how it will continue to affect the NFT market in the future.
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