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Donald Trump’s NFT trading cards jumped in value to almost $1,700 after Manhattan indictment

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Donald TrumpFormer U.S. President Donald Trump speaks on July 26, 2022, in Washington, DC.

Drew Angerer / Staff / Getty Images

  • Trump’s digital trading card NFTs soared in value to nearly $1,700 USD following his indictment.
  • Trump became the first former president to face criminal charges when a Manhattan grand jury voted to indict.
  • Trump is likely to surrender to the Manhattan DA’s office on Tuesday, his attorney previously told Insider.

Donald Trump’s digital trading card NFTs have spiked in value, with the highest sale at nearly $1,700 following his indictment in the Manhattan district attorney’s investigation. 

According to Newsweek, the floor price of Trump’s NFT trading cards was 0.41 Ethereum (ETH), or about $748 USD, on March 30 when Trump was indicted. 

As of publication on April 1, the floor price ticked up 1.9% to $967.38, or 0.5299 ETH, according to NFT Price Floor, a site that indexes and complies data on NFT trading and marketplaces. 

Trump’s NFTs had an average sale of 0.5737 ETH, or roughly $1,000 — rising 1.45% in the last 24 hours. The highest sale soared to 0.9298 ETH, which equates to nearly $1,700 — an increase of 10.16% in the same period, according to the site. 

The New York grand jury voted to indict Trump on Thursday after weeks of hearing evidence in the investigation of hush money paid to adult film actress Stormy Daniels before the 2016 election. 

The historic indictment made Trump the first former US president to be charged with a crime, though he has long called the investigation a political witch hunt by Manhattan DA Alvin Bragg. Trump faces over 30 charges in the indictment, according to a CNN report. 

Trump’s campaign on Friday also said it had raised more than $4 million within 24 hours following news of the indictment. The campaign said that over 25% came from first-time donors and that the average contribution was $34, signaling “that the American people see the indictment of President Trump as a disgraceful weaponization of our justice system by a Soros-funded prosecutor.” 

Officials from the DA’s office wanted Trump, who is due in court by April 4, to surrender on Friday, but his lawyers argued that Secret Service needed additional time to plan his escort. Trump attorney Joe Tacopina previously told Insider that Trump is likely to surrender to the Manhattan DA’s office on Tuesday

In the days leading up to his indictment, Trump, who is seeking reelection in 2024, had been confident that an indictment would be weeks away, and Thursday’s indictment took him and his staffers by surprise, according to The Washington Post. The former president had been joking about “golden handcuffs” in the days prior to the indictment and seemed “deflated” and “irritated” after the historic indictment was announced. 

On Wednesday morning, Trump posted on Truth Social that he had “SUCH RESPECT” for the grand jury, which would vote to indict him about 24 hours later. Trump then changed his tune, saying he had been indicted by “Thugs and Radical Left Monsters,” adding that the United States has become “A NATION IN SERIOUS DECLINE.” 

Read the original article on Business Insider
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