After he turned himself in to officials in Georgia on August 24, trading in Donald Trump’s NFT collections went up by more than 3,700%.
According to data from Coingecko, the trade volume of the former President’s collections Series 1 and 2 jumped by about 300% and 3,750% in the last 24 hours, to 18.89 ETH ($31,429) and 9.88 ETH ($16,361), respectively.
As the number of sales went up, the collection floor prices went up. For example, the first collection’s floor price and market value went up to $313 and $14.07 million, respectively, as the number of sales went up. The second collection’s floor price and market cap also went up, to $50 and $2.3 million, respectively.
Also, this is another time that something tied to Trump has affected the value of his NFT collections. Sales of his Series 1 collection increased by 461% after a grand jury charged him earlier this year.
President Trump posts his mug shot on X
On August 24, former President Trump posted a picture of his mugshot on the social media site X, which used to be called Twitter. This was his first post on the site in over two years.
On the back of the mug shot, it said, “ELECTION INTERFERENCE! “NEVER GIVE UP!”
In the same post, he linked to his website, which said that his arrest was a “travesty of justice and ELECTION INTERFERENCE.” He also said “NO CRIME” and asked his fans to help his cause by giving money.
After the attack on the U.S. Capitol, the former President’s X account was forever shut down in January 2021 because of fears that it might incite violence. However, he still has a lot of loyal fans. After Elon Musk bought it last year, the social media company changed its mind.
Trump’s Twitter account is still one of the largest on the site, with more than 86 million followers. In just 11 hours, 126 million people have seen his latest post, and 1 million people have liked it.
Trump had his mug shot taken at Fulton County Jail in Georgia, making him the first former president to do so. According to a CNN story, he paid 10% of his $200,000 bond and worked with Foster Bail Bonds LLC, a bonding company in Atlanta, to get out of jail.