Sales of former President Donald Trump’s NFT collection have quadrupled in volume following his recent arrest in New York City.
The Trump Digital Trading Card collection, featuring digital collectibles of the former president’s likeness, experienced renewed interest, with sales increasing by 462% just before his New York City arraignment.
According to OpenSea, sales of Trump Digital Trading Cards surged after the former president’s court appearance, with 30 NFTs sold within an hour and 47 sold over the next six hours. The 462% increase in sales within this period is notable and has drawn attention to the collection.
The renewed interest in Trump’s NFT collection after his arrest may suggest that some supporters are rallying behind him despite the legal troubles he faces. Donald Trump’s NFT collection has become a notable part of the growing NFT market, which has gained traction as a new investment opportunity and a novel way of collecting unique digital items.
Despite not reaching the sales volume of other NFT collections, the sharp increase in sales for Trump’s Digital Trading Cards in just six hours is remarkable. Whether the renewed interest in Trump’s NFT collection is temporary or sustained remains to be seen.