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Donald Trump's Twitter Comeback Set off a Trump NFTs Sales Spike
08/28/2023

Donald Trump's Twitter Comeback Set off a Trump NFTs Sales Spike

08/28/2023
4,4

Donald Trump's NFT collection sales skyrocketed after his remarkable reappearance on the "X" platform (formerly known as Twitter). Therefore, plenty of crypto enthusiasts were eager to be a part of this historic moment.

Last week, Trump refused to participate in the primary Republican debate and was interviewed by Tucker Carlson on X instead. Shortly after, the 2024 presidential candidate was detained in the Fulton County Jail. He faced charges of subverting the will of the voters to overturn the results of the 2020 election.

Donald Trump became the first ever President of the United States with a mugshot during his arrest. But he is out on $200,000 bond and shared the mugshot on X, loudly announcing his comeback on the platform.

Trump's last tweet was dated 8 January 2021. Following that, Twitter management banned Donald Trump's page, accusing him of inciting violence. Twitter's new CEO Elon Musk reinstated Trump's page, but the former president was already reaching his audience on Truth Social.

Trump's actions this week, including a viral mugshot, have skyrocketed the price of his NFT collection. According to Cryptoslam.io, NFT cards sales have risen 426% over the past 24 hours and 108% over the past 7 days. At this point, the collection is valued at $20.68 million.

Despite the charges, Trump intends to continue to run for the presidency. In fact, Ron DeSantis – another candidate from the Republican Party – promised to ban CBDC in case of his victory. And the current President Joe Biden recently signed an executive order to establish a regulatory framework for cryptocurrencies. The crypto community is watching the race particularly closely, as the future of cryptocurrencies in the US remains unknown.


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The materials found on the Cryptonica website shall not be taken as individual investment recommendations. The financial instruments or operations mentioned therein may not align with your investment profile or objectives. We assume no responsibility for any missing facts or inaccurate information in the texts. Cryptocurrencies are financial assets with high risk and volatility. Therefore, it is crucial that you conduct your own research on financial instruments and make independent decisions. Before engaging in any actions related to cryptocurrency, you shall study, understand, and comply with the laws applicable in your region and country.

Elon Musk


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