Trump NFT Sales Spike Following Ex-President's Arraignment in New York

In the hour after the 45th president was arrested Tuesday afternoon, the collection saw 30 sales, a 462% increase after a long period of token holder dormancy.

(OpenSea)

According to data fromsecondary marketplace OpenSea, Trump Digital Trading Card holders collectively sold 30 tokens in the hour after his court appearance – a 462% increase – and 47 over a six-hour period.

Though it was a large jump, it's also a relatively small amount of activity for the NFT space. For context, one of the top trending collections,Nakamigos, had 1,286 sales in the same six-hour period.

The former president released his series of digital collectibles in December. For $99, a buyer could purchase a token featuring his likeness and enter a sweepstakes to earn exclusive experiences with the former commander-in-chief. The collectionquickly sold out,and the price more than doubled on the secondary market.

The floor price has stayed steady at around 0.5 ether (ETH), or about $930.

TheNFTs representing sweepstakes prizesassociated with the Trump Digital Cards mint have had zero sales in the last six hours.

Trumpwas in Manhattan criminal court to be arraigned on 34 felony criminal charges of falsifying business records. He pleaded not guilty.

Who is Satoshi Nakamoto?

"Who is Satoshi Nakamoto?" is dedicated to the mysterious creation of Bitcoin, and acts as the showcase artwork within Javier Arrés’ exploratory series "Bitcoin, The Origin". "Who is the creator of Bitcoin?" The artist, Arrés, explores this question, and the feelings of doubt and mystery that accompany it, through his unique artistic language. An unknown, an enigma. It should be remembered that the name Satoshi Nakamoto is a pseudonym of Bitcoin's author or authors and gives us little insight into its true creator. For this Visual Toy, Arrés uses the signature claw machine, his famous half-operation, to symbolize our collective ignorance and unconfirmed belief: As soon as it has the stuffed animal within its grasp and appears to have solved the puzzle, the animal escapes again, and again. At present, there are three more public and studied possibilities who are either believed to be the creators of the currency or who directly claim the creation of it. It may be all or none of them, yet these three personalities leave us clues which are an important part of this interesting enigma. For this moment, it will remain unknown... In this artwork, Arrés elevates the claw machine from the apparatus, to an iconic pop art object serving as an important element to the Bitcoin creation narrative. Action is everywhere, with each movement serving an iconographical or metaphorical purpose related directly to cryptocurrency: Various ups and downs, roller coasters, mining points, robot, coins and more speak to a sense of hope, risk, mystery, randomness and possibility of pay out. Hundreds of manically thought out details make this creation one of the artist’s most complex Visual Toys to date. ------- "Bitcoin, The Origin" is a set of two Visual Toys, titled "Who is Satoshi Nakamoto" and "It’s Alive!" which reflect and explore the mystery and enigmas behind the creation of Bitcoin. Arrés presents these proposals to us in his signature style, full of iconography, fantasy, maniacal animations and a panoply of details (both subtle and overt) which simultaneously fascinate, hypnotize, and narrate this historical milestone through the singular vision of the artist. Through this series, Arrés freezes a crucial moment of cryptocurrency history, taking a still photo under his vision and turning it into two unique crypto artworks. ---- More info about Javier Arrés: https://javierarres.com/about.html

05/04/2023 Trump NFT Sales Spike Following Ex-President's Arraignment in New York

In the hour after the 45th president was arrested Tuesday afternoon, the collection saw 30 sales, a 462% increase after a long period of token holder dormancy.