Trump NFT Trading Volume Surges by 217% Despite Facing 34 Felony Charges and Pleading Innocence

By 0xGorki 04/5/23 4:34 AM

Former US President Donald Trump appeared in a Manhattan court on Monday morning, pleading not guilty to 34 felony charges, including falsifying business documents. If convicted, Trump could face up to 136 years in prison. However, he flew back to his home in Florida on a private plane after the court hearing.

The judge set a December 4th date for Trump’s next trial. During a 25-minute press conference at his home, Trump lashed out at the New York prosecutors who prosecuted him, claiming that the only thing he did was to protect the country from those who would destroy it. Trump’s legal team has repeatedly denied any wrongdoing on his part.

The indictment comes as no surprise, as the investigation into Trump’s business dealings has been ongoing for years. The charges against him include tax evasion, fraud, and other financial crimes related to his real estate empire.

Meanwhile, Trump’s NFT series, ‘Donald Trump Digital Trading Card,’ which he launched a few days ago, has seen a significant increase in trading volume since the indictment was announced. According to data from OpenSea, the 24-hour trading volume soared by 217% after the Manhattan Grand Jury’s decision on March 30. In the following seven days, the trading volume recorded 251 ETH, indicating a strong demand for Trump’s NFT.

As of 12:34 pm on the 5th, the bottom price of Trump’s NFT was forming at 0.465 ETH. Trump’s NFT series features digital trading cards with his portraits, slogans, and other paraphernalia. The NFTs are built on the Ethereum blockchain and are intended to provide collectors with a unique, one-of-a-kind collectible.

In conclusion, Trump’s legal troubles seem to be far from over. As his trial looms, the demand for his NFT series seems to be increasing, indicating the enduring popularity and influence of the former President.

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