Soaring Demand Pushes Trump NFT Floor Price to All-Time High
The floor price of Trump Digital Trading Cards surged to a new all-time high after a failed assassination attempt on the former U.S. president.
The NFTs, on the Ethereum sidechain Polygon, peaked at 933 MATIC ($502) before settling around 762 MATIC ($410), according to Magic Eden data. Just days earlier, these NFTs were trading at $228 each. The second series of Trump Digital Trading Cards also saw a 20% rise to 163 MATIC ($233). The incident occurred during a campaign rally in Pennsylvania, causing a spike in interest across the crypto market, including meme coins and blockchain betting platforms like Polymarket.
Launched in December 2022 and April 2023, these NFTs feature Trump in various scenarios and offer perks like meet-and-greets. Despite mixed results, Trump has continued to appeal to crypto enthusiasts, accepting crypto donations and expressing support for the technology.
Clever Robot News Desk 15th July 2024
