Trump NFT Sales Surge 81% As Vivek Ramaswamy Quits 2024 Presidential Race, Endorses Ex-President
Portfolio Pulse from Mehab Qureshi
Sales of Donald Trump's 'Trump Digital Trading Cards' NFTs surged 81% following Vivek Ramaswamy's withdrawal from the 2024 presidential race and endorsement of Trump. The sales increase was reported by OpenSea, with 67 units sold and a 92% rise in trading volume reaching 10.63 ETH. Trump's second NFT collection also saw a 28% sales increase and a 141% jump in trading volume. Additionally, an Ethereum wallet linked to Trump reportedly transferred 1,075 ETH to Coinbase, speculated to be NFT sales proceeds. Ethereum (ETH) is trading at $2,517, up 0.75%.
January 16, 2024 | 10:01 am
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Ethereum (ETH) saw a slight increase of 0.75% in its price, potentially influenced by the surge in sales of Trump's NFT collections and the associated trading volume on the Ethereum blockchain.
The surge in Trump's NFT sales and the associated trading volume on the Ethereum blockchain could contribute to increased demand for ETH, thus potentially impacting its price positively in the short term.
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