The floor price of the original Trump Digital Trading Cards has risen to a new record level following a failed assassination attempt on the former US president.
Non-fungible token collectibles on Ethereum sidechain scaling solution Polygon rose to as much as 933 MATIC ($502), according to data collected from multiple NFT marketplaces.
That has since cooled, with the price floor hovering around 762 MATIC ($410), according to data from NFT marketplace Magic Eden.
Just days before, those same NFTs were trading for about half that, at $228 each. The second series of Trump Digital Trading Cards also rose 20% to 163 MATIC ($233).
It comes a day after Donald Trump was shot in the right ear by a 20-year-old gunman, who was then killed on the spot at a campaign rally in Pennsylvania on Saturday.
The crypto market came alive this weekend after the dramatic scenes at the rally unfolded and were subsequently shared online.
While Trump-inspired meme coins have seen a surge, the trading frenzy has spilled over into other verticals, including blockchain gambling platform Polymarket, where the odds rose to 70% that Trump would win the White House in November.
NFTs formally launched by the former president in December 2022 and April 2023 have seen mixed results since their release.
Each card typically depicts Trump in different heroic, patriotic, or fantastical scenarios. When they came out, the first edition promised a number of perks, including a meet-and-greet with Trump.
The Series 2 set, whose NFT artwork shows Trump wearing a professional championship wrestling belt, sought to build on the success of the first series launch.
In April of last year, the first edition of Trump’s NFTs quickly plummeted after a second edition more than doubled the collection’s supply.
The former president has appealed to crypto holders on the campaign trail, accepting crypto donations in May after declaring he is “good” with crypto at a Mar-a-Lago event for holders of his NFT collection.