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Donald Trump’s Mugshot Pushes NFT Sales By 163%

Simon Osuji by Simon Osuji
August 25, 2023
in Business
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Donald Trump’s Mugshot Pushes NFT Sales By 163%
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Former President Donald Trump has captured the attention of the media over the course of this week. Today, Trump chose to step back into the public eye by returning to X [former Twitter]. What caused a stir among netizens was his comeback post on X. Trump proceeded to upload his mugshot along with a declaration about election interference.

At press time, the tweet had garnered around 77.1 million views, with approximately 807,000 likes, 207,000 reposts, and 24.1K bookmarks. The mugshot image was shared following his arrest on Aug. 24. Trump was taken into custody due to allegations tied to his endeavors to influence the outcome of the 2020 presidential election in Georgia. Following his arrest, he underwent the processing procedures at Fulton County Jail. This institution is known for its unfavorable conditions for imprisoned individuals. Speaking about the viral Donald Trump mugshot, Fulton County Sheriff Pat Labat said,

“Unless somebody tells me differently, we are following our normal practices, and so it doesn’t matter your status, we’ll have a mug shot ready for you.”

Also Read: Donald Trump’s Ethereum Wallet Holds $2.8M, Statement Shows

Donald Trump’s NFT Collection Records Major Spike

After the former President’s conversation with media figure Tucker Carlson, there was a significant surge in his NFT collection’s value. Surprisingly, merely a day later, his NFT sales, the floor price, and the total trading volume experienced a substantial increase. It appears that Donald Trump’s mugshot image mentioned earlier had a significant influence on this uptick.

Source

As depicted in the image above, there was a notable increase of 163% in Trump’s sales percentage, attributed to a total of 208 transactions. Furthermore, the trading volume and the minimum listing price for this collection saw remarkable growth, rising by 222% and 63%, respectively. At present, the lowest available price for items in this collection is 0.1928 ETH.

Also Read: Donald Trump NFTs’ Floor Price Increases 16% Post Viral Interview

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