Trump NFTs Are Up Over 90% Since Ex-President's Pro-Crypto Comments, Will Rally Continue With Hush Money Trial Verdict?
Portfolio Pulse from Chris Katje
Former President Donald Trump's pro-crypto comments have led to a significant surge in the value of his NFT collections, with the floor price of his first collection increasing by 94.2% over the last 20 days. Trump's media company, Trump Media & Technology Group Corp (NASDAQ:DJT), also saw a 9% increase in its stock price. The upcoming verdict in Trump's hush money trial could further impact the volatility of these assets.
May 28, 2024 | 8:38 pm
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Trump Media & Technology Group Corp (NASDAQ:DJT) shares increased by 9% to $48.91 following Trump's pro-crypto comments. The upcoming hush money trial verdict could further impact the stock's volatility.
The stock price of DJT has shown a direct correlation with events related to Trump. The recent 9% increase is attributed to his pro-crypto comments. The upcoming trial verdict could introduce further volatility, potentially impacting the stock price positively or negatively based on the outcome.
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