Trump Digital Trading Cards have been soaring in sales over the past few days due to the popularity of the 45th President and his appearance in a Manhattan court where he denied falsifying business records ahead of the 2016 US election.
Trump Digital Trading Card NFTs increased by 210% over the past 24 hours due to the highly publicized court case which involves former US president Donald Trump, data from NFT data aggregator CryptoSlam showed.
This metric was arrived at after daily sales ascended from $22.665.20 on April 3 to $70,323.72 on April 4, the day he was arraigned in court to face charges of more than 30 counts.
Trump NFTs unique buyers and sellers shot up more than 60% from April 1
Trump’s response of not guilty was seen as a positive by digital art lovers who had not earlier gotten their hands on some of the collection which features 45,000 unique pieces of Gold & Silver Autographed Cards, Limited One-of-Ones, and Trump Trading Cards.
As a result, the cumulative value of unique buyers and sellers shot up 70% from April 1’s 43, 121% from April 2’s 34, and 151% from April 3’s 29.
Trump NFT’s total transactions reach a monthly high
Trump digital arts were involved in 81 transactions over the past 24 hours and this was 108% above the 39 from the opening day of the month, 238% over April 2’s 24, and 189% up from April 3’s 28.
Despite the massive rise across all the metrics associated with the collection, the average sale value ($868.19) trailed the month’s peak of $875.22 on April 1.
Trump NFT is now among the top 350 collections by all-time sales volume
Trump digital arts were ranked number 427 on the ranks of the biggest NFTs on Valentine’s Day with a then-all-time sales volume of approximately $14.96 million.
As of 13:00 UTC on April 5, Trump Digital Trading Cards had moved up by 79 places to number 348 with a new all-time sales volume of around $18.84 million, a $3.88 million rise in volume in less than two months.
While the digital collection powered by Donald Trump is far away from breaching the $50 million mark, it could benefit from an industry-wide uptrend led by mainstream projects such as Axie Infinity, the Bored Ape Yacht Club, CryptoPunks, and others.
With NFT global market sales falling to new lows in Q1 2023 when compared to values from Q1 2022, a positive verdict from Trump’s case could see the NFTs spike to new highs, and make significant contributions to the fortunes of the global digital collectibles market.