While there seems to be a buzz of market activity, trading volume has historically been a lot higher for the collection.
While there seems to be a buzz of market activity, trading volume has historically been a lot higher for the former president-themed collection. In December, the 45,000 item NFT collection sold out, with more than $3.9 million in sales on the day. Since then, there have been days with as much as $469,000 worth of NFTs changing hands.
Buying an NFT automatically entered the purchaser into a sweepstake, with prizes including a group cocktail party at Mar-A-Lago, a dinner in Miami or a golfing trip with the former president, or a group Zoom call. Purchasing 45 or more NFTs would"guarantee" purchasers an invite to a gala dinner with Trump in South Florida, the initial announcement said.The mint may have netted Trump almost $4.5 million.
As for the indictment, the exact charges are still unknown because it is under seal, but they relate to a hush money payment Trump's former lawyer Michael Cohen made to Stormy Daniels before the 2016 election. Trump is expected to appear in person for his arraignment next week, which may be as early as Tuesday. That's the first time the charges against him will be read in open court.© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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