- Donald Trump’s second NFT collection saw a 381% sales increase recently.
- The surge is linked to rumors of Trump becoming House Speaker.
- Trump’s NFT collection has 6,709 owners, mostly long-term holders.
Data from CryptoSlam indicates that the second NFT collection of Donald Trump experienced a significant surge in sales activity, registering a 381% increase in sales within the last 24 hours at the time of reporting. This substantial increase in sales was driven by a total of 42 transactions recorded during this timeframe.
The recent surge is linked to rumors that the ex-U.S. President might reassume the House of Representatives Speaker role. This unprecedented event follows the removal of former Speaker Kevin McCarthy, resulting from a combined effort from Democrats and Republicans.
After that, several individuals have proposed that ex-President Donald Trump assume the role of speaker. Trump, for his part, has not avoided these conjectures in his recent communications.
In a recent media release, Trump confirmed that numerous individuals had approached him regarding the speaker position. Nevertheless, Trump clarified that he has no interest in the position. He stated, “Our primary focus will be on what is most beneficial for the nation, the Republican Party, and its citizens.”
The speculations triggered a surge in activity surrounding Trump’s NFT collections in the market. The ex-president recently unveiled his second collection, “Trump Digital Trading Cards Series 2.” Similar to the inaugural collection released last year, this collection showcases Trump in various poses and environments.
Previously a cryptocurrency critic, Trump has experienced significant success with his NFT collections. His inaugural collection, introduced in December 2022, received a positive response, with 45,000 trading cards sold in less than 12 hours.
As of the latest reports, CryptoSlam data indicates that the collection has registered $2,312 in sales over the last 24 hours, marking a 381% surge compared to prior periods. These transactions were made by nine purchasers, denoting a 29% rise within a 24-hour timeframe.
A total of 6,709 individuals own the collection’s NFTs. The data indicates that most of these owners are long-term holders, maintaining an average holding period of 132.58 days.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
