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"That man is back! Trump returns to Twitter, NFT floor price nearly doubles in three days"

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"That man is back! Trump returns to Twitter, NFT floor price nearly doubles in three days"

Former U.S. President Donald Trump returned to Twitter this morning, causing a stir among the public. His NFT "Donald Trump Digital Trading Card" also saw a surge in trading volume by over 258% following his release on bail from prison, with the floor price even approaching a doubling within a week.

Trump Returns to Twitter After Two-Year Hiatus

Former U.S. President Donald Trump returned to Twitter this morning, posting and showcasing a suspect's mugshot from the Fulton County Sheriff's Office with the caption "Election interference! Never surrender!" and urging people to donate. This photo made Trump the first former U.S. president to have a suspect's mugshot taken.

The tweet, as of 5 PM today, has garnered over 70 million views and 820,000 likes, with even Tesla CEO Elon Musk joining the discussion.

It is reported that Trump was indicted on 13 criminal charges by Georgia authorities yesterday for attempting to overturn the 2020 election results. He turned himself in last night and was taken to the Fulton County Sheriff's Office for questioning, posting a $200,000 bond half an hour later.

Shortly after posting bail, Trump spoke to the media, claiming political persecution:

I did nothing wrong, and I have every right to challenge dishonest elections.

It is understood that Trump has claimed through media and his own social platform Truth Social that his failure in the 2020 election was due to voter fraud, and has been promoting other possible conspiracy theories.

Prior to this, Twitter permanently banned Trump's account in January 2021 for inciting violence following the storming of the U.S. Capitol, and his return has sparked a frenzy of publicity surrounding him.

NFTs Under Trump Brand Soar in Value for Consecutive Days

Benefiting from Trump's recent actions, the first NFT series "Donald Trump Digital Trading Card" issued in December last year has seen its floor price and trading volume hit nearly three-month highs in the past three days.

The NFT trading market on OpenSea shows that the seven-day trading volume of this series has exceeded 33 ETH, with 208 transactions made. Both figures have hit new highs in the past 24 hours, with today's trading volume growing by 258% and the floor price rising by 41% to 0.193 ETH, worth about $319.

Previously, Trump had released two personal digital collections, both distributed via the Polygon network and containing 45,000 NFT cards each, priced at $99 each, all sold out within 6 hours.

It is reported that this surging series has over 13,000 different owners, with multiple supporters buying hundreds of cards each. The top two buyers, estimated at base prices, have spent over $50,000 each, owning 602 and 500 cards respectively, most of which have never been sold.