Donald Trump’s second NFT collection saw a huge increase in sales activity after recording a sales increase of more than 381% in the past 24 hours at the time of writing, according to data from CryptoSlam. The increase in sales was due to a total of 42 transactions recorded during the period.
The recent spike comes amid speculation that the former US president may return as Speaker of the House of Representatives. In a first-of-its-kind move, former Speaker Kevin McCarthy was kicked out in a joint alliance between Democrats and Republicans.
Since then, a number of speakers have suggested that former President Donald Trump would take over the presidency. For his part, Trump has not shied away from speculation in recent statements.
In a press statement, Trump acknowledged that many people have contacted him about the role of speaker. However, Trump made it clear that he is not interested in the role. He said: “All I can say is we will do what is best for the country, the Republican Party and the people.”
The market’s reaction to the speculation led to more activity around Trump’s NFT collections. The former president recently launched his second collection, “Trump Digital Trading Cards Series 2.” As with the first collection launched last year, the collection shows Trump in different poses and settings.
Trump, a former crypto critic, has achieved notable success with his NFT collections. His first collection, launched in December 2022, was positively received and sold 45,000 trading cards in less than 12 hours.
At the time of writing, data from CryptoSlam showed that the collection recorded sales of $2,312 in the last 24 hours, a 381% increase from previous periods. The transactions came from nine buyers, representing a 29% increase in 24 hours.
In total, the NFTs within the collection are owned by 6,709 owners. Furthermore, the data showed that most holders are long-term holders, with an average holding period of 132.58 days.
General disclaimer: The information in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses arising from the use of said content, products or services. Readers are advised to exercise caution before taking any action regarding the company.
