Donald Trump’s nonfungible tokens (NFTs) surged in price after a photo of the former United States President was released as part of his criminal case in Georgia. Data from NFT marketplace OpenSea showed that the floor price of Trump’s line of digital trading cards increased more than 62% from 0.138 to 0.224 Ether ETH ($1,645) on Aug. 24. The image, which shows Trump looking angrily at the camera amid his surrender at the Georgia Sheriff’s Office in Fulton County, has gone viral.The criminal case against Trump in the state of Georgia alleges the former president and 18 allies were part of a racketeering scheme aimed at subverting the will of voters in an attempt to ensure he was re-elected as U.S. President in 2020. Trump posted the mugshot to X for the first time in more than two years and he still faces federal charges in the District of Columbia for attempting to overturn the results of the 2020 Presidential Election. He has also been indicted in a classified documents case brought by the Justice Department and a New York criminal case for allegedly falsifying business records related to a hush money payment for porn star Stormy Daniels.Trump has previously spoken out against cryptocurrencies, claiming they were “based on thin air”. However, the nonprofit organization Citizens for Responsibility and Ethics revealed in August that Trump held more than $2.8 million in an Ethereum wallet. President Biden has signed an executive order aimed at establishing a regulatory framework for digital assets, but has also been criticized by many lawmakers and those in the space.The first Republican Party debate for the 2024 Presidential Election was held on Aug. 23, but Trump did not appear alongside other candidates. Florida Gov. Ron DeSantis has promised to ban central bank digital currencies if elected. Vivek Ramaswamy, who received a lot of online attention due to his debate performance, previously spoke at the Bitcoin 2023 conference in Miami and referred to the 2024 election as a “referendum on fiat currency.”
| Information |
Details |
| Geography |
North America |
| Countries |
🇺🇸 🇬🇪 |
| Sentiment |
neutral |
| Relevance Score |
8 |
| People |
Donald Trump, Joe Biden, Elon Musk, Ron DeSantis, Vivek Ramaswamy |
| Companies |
OpenSea, Truth Social, X, Citizens for Responsibility and Ethics, Bitcoin 2023 |
| Currencies |
Ethereum, Bitcoin, ETH, BTC |
| Securities |
None |
