The floor price of original Trump Digital Trading Cards has surged to an all-time high following the failed assassination attempt on the former U.S. president. These non-fungible token (NFT) collectibles, hosted on the Ethereum sidechain Polygon, reached a peak floor price of 933 MATIC ($502), based on data aggregated from various NFT marketplaces.
While the price has since moderated, settling around 762 MATIC ($410) according to Magic Eden, the increase is notable. Just days prior, these NFTs were trading at approximately half their current value, at $228 each. Additionally, the second series of Trump Digital Trading Cards saw a 20% rise to 163 MATIC ($233).
The spike in NFT prices occurred a day after Donald Trump was shot in the right ear by a 20-year-old assailant at a campaign rally in Pennsylvania. The shooter was subsequently killed at the scene. The incident, which quickly circulated online, sparked a flurry of activity in the crypto market.
Meme coins inspired by Trump also experienced a surge, and this trading fervor extended to other areas such as the blockchain betting platform Polymarket, where the odds of Trump winning the White House in November increased to 70%.
Trump’s NFTs, which first launched in December 2022 and April 2023, have seen mixed results. Each card depicts Trump in various heroic, patriotic, or fantastical scenarios. The first edition offered perks such as a meet-and-greet with Trump, while the second series featured artwork like Trump carrying a championship pro wrestling belt. Despite a drop in value last year following the release of a second edition that more than doubled the collection’s supply, the recent events have rekindled interest.
On the campaign trail, Trump has appealed to crypto enthusiasts, accepting crypto donations and expressing his support for the digital currency at a Mar-a-Lago event. The renewed interest in Trump Digital Trading Cards reflects the volatile yet dynamic nature of the NFT and crypto markets.