Nifty News: Trump NFTs pump after indictment, Q1 trading volume hits $4.7B and more…

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Nifty News: Trump NFTs pump after indictment, Q1 trading volume hits $4.7B and more…
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Following the news of Donald Trump’s indictment, the floor price of his associated NFT project promptly pumped from 0.46ETH to 0.6ETH.

Oddly, following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the officially licensed Trump Digital Trading Cards NFT project pumped.from OpenSea, NFT traders were seemingly spurred into action by the announcement, with the floor price moving from 0.46 Ether or $835 at current prices, to as high as 0.6 ETH on the same day.

Given the indictment news, it could potentially have an impact on the forty-fifth's potential to deliver on such experiences. At the time of writing, the floor price has since dropped back to around the 0.51 range. The price still sits well above the initial mint price of $99 from December.from blockchain analytics platform DappRadar, there was a total of $4.7 billion worth of NFT trading volume in Q1, more than double that of the previous quarter.market by storm in FebruaryThe $4.7 billion came from a total of 19.4 million NFT sales in Q1, marking an increase of 8.

on its website that the NFTs can’t actually be traded or transferred at this stage, unless the company decides to build a marketplace in the future.The packs were dropped on March 31 and cost around $3.30 a pop, with the card artwork depicting various characters and scenery from the iconic Final Fantasy VII game.

While it is unclear if the firm intends to build a marketplace to support its digital collectibles, Square Enix has been gradually

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