Donald Trump’s NFT Collection Drops 20% in Value Following Indictment

The price of former US President Donald Trump's non-fungible token (NFT) collection, Trump Digital Trading Cards, has been decreasing since he was indicted by a Manhattan grand jury on around two dozen counts related to business fraud. On March 31, the floor price of the NFT collection stood at 0.599 Ethereum (ETH), dropping to 0.47 ETH as the indictment became publicly known. The NFT collection currently has 13,951 unique owners, lower than in late December 2022 when there were 15,075 owners. The collection debuted in December 2022 with a total of 45,000 NFTs, and the proceeds from the sales go straight to Trump, despite his past criticism of cryptocurrencies.

(By Ana Nicenko)

Donald Trump

Original Link

Comments

All Comments

Recommended for you

Cointime精选 ·

Glitch Weekly: How crypto became a political football

A tale of two DC crypto conferences
Messari ·

State of Skale

The network collected $228,000 in chain payments after launching them in January. Instead of charging end users via transaction fees, SKALE generates fees by charging developers a subscription fee in SKL for operating a SKALE chain.
Cointime精选 ·

Derivatives Market for Implementing Based Sequencing

This article introduces a derivatives market designed to implement based sequencing for fast finality in rollups. The proposed market aims to align incentives between Ethereum and rollups, mitigate operational risks associated with rollups, and promote voluntary participation and fair competition among rollups, proposers, and builders.
Cointime's Evening Highlights for May 19th

1.US spot Bitcoin ETFs saw net inflows of $948.3 million this week
Ryan Sean Adams ·

Will this cycle skip Ethereum?

Ryan Sean Adams is going to take the perspective of long-term Ethereum bulls, not the obviously wrong dyed in the wool Ethereum is dead haters.
Cointime精选 ·

Genesis Global secures court approval for $3B payout

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.
Jesse Hamilton ·

Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

The so-called FIT21 legislation to establish a U.S. regulatory regime for digital assets is set for a floor vote next week, and the sector is telling House leaders the effort is "crucial."
Cointime May 3rd News Express

1. The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days
Cointime April 23th News Express

1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
Cointime April 5th News Express

1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others