The trading volume of former U.S. President Donald Trump’s NFT collection surged by 250% following the suspension of Florida Governor Ron DeSantis’ presidential campaign in favor of supporting Trump’s re-election bid.
Data from CryptoSlam reveals a remarkable 248% increase in the trading volume of Trump’s Series 1 collection over the last 24 hours, reaching nearly $90,000. In contrast, trading activities for his Series 2 collection and MugShot edition experienced significant declines during the same period, settling at $1406 and $414, respectively.
CoinGecko data indicates that the floor price for all these collections experienced an average 4% decrease during the reporting period.
DeSantis endorses Trump
In a Jan. 21 video shared on X (formerly Twitter), DeSantis, a vocal advocate for the crypto industry, announced that he was suspending his bid for office in support of Trump’s candidacy.
“It’s clear to me that a majority of Republican primary voters want to give Donald
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