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Donald Trump Spends Test Day Touting Crypto, Promoting NFTs Mugshot

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Donald Trump Spends Test Day Touting Crypto, Promoting NFTs Mugshot

Down angle icon An icon in the shape of a downward pointing angle. Donald Trump outside the courthouse in New York. Sarah Yenesel/AP

  • Donald Trump spent his day off from court at a supporters’ dinner at Mar-a-Lago, Axios reported.
  • The former president welcomed fans who purchased NFTs from his “Mugshot Edition” collection.
  • Footage from the event showed Trump stating that Joe Biden “has no idea” what encryption is.

Donald Trump appears to have spent much of his day off due to continued Stormy Daniels’ Secret Money Trial talking about crypto, attacking Joe Biden’s digital asset policies and dining with fans who have spent thousands of dollars on NFTs of his own sketch.

Axes reported Wednesday that Trump was planning to host a dinner for supporters that night at Mar-a-Lago.

Eligible guests for the event purchased at least 47 NFTs from the “Mugshot Edition” collection, according to a copy of the invitation reviewed by the outlet. Photo NFTs cost $99 each.

Crypto influencer Frank Degods posted a video from the event on Wednesday night that showed Trump pledging to accept crypto donations and criticizing the Biden administration’s record on regulating the asset class.

On a post on Xthe former president is seen saying, “Can we donate to the Trump campaign using crypto? I believe the answer is yes.”

“If you ask Biden ‘Sir, are you for or against encryption?’… he would say ‘get me off the stage,’ he has no idea,” he told supporters at another clip. Trump added that Securities and Exchange Commission Chairman Gary “Gensler is completely against it, the Democrats are completely against it.”

“And I’m OK with that,” Trump added. “I want to make sure it’s good and solid and all that, but I’m fine with it…if you’re for crypto, you better vote for Trump.”

Gensler, who has headed the SEC since 2021, has taken an aggressive stance on crypto, take legal action against major trading companies, exchanges and brokers.

On Wednesday, Biden said he would veto a bill with the aim of overturning an SEC resolution that offered accounting guidance for cryptocurrencies.

Trump appears to have reversed crypto during the 2024 election cycle as he called the large-cap token bitcoin”a fraud against the dollar“in 2021.



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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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NFTs

Non-Fungible Items; Picking Up Where NFTs Left Off — COZ Co-Founder Tyler Adams – Op-Ed Bitcoin News

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Non-Fungible Items;  Picking up where NFTs left off - Tyler Adams, Co-Founder of COZ - Op-Ed Bitcoin News

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

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Solana Monkey Business Leads NFT Sales with $875,91K

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Solana Monkey Business Leads NFT Sales with $875,91K

Floptober NFT from above

Image: AI-generated via Midjourney

Solana Monkey Business topped CryptoSlam’s non-fungible token (NFT) sales charts on July 22 with $875,914 in total sales.

The collection had 122 unique buyers, equaling the number of sellers, and an average price of $5,308 per NFT.

This increase in daily sales boosted the SMB’s all-time sales volume to a new record of $212.48 million.

The Solana-based ape-themed collection entered the list of the top 30 NFT sellers of all time over the weekend, knocking SATS BRC-20 NFTs off the rankings.

The second best performing collection of the day was gETH Locked Deposit.

This NFT, which represents gETH locked on the Ethereum layer-2 network Arbitrum, saw a daily sales volume of $583,047 from just one transfer.

The asset was brother-in-law just moments before the transfer is made.

In third place, DMarket’s NFTs and in-game virtual items on the Mythos Network saw a total of $565,002 in sales.

The collection attracted 3,254 unique buyers and 2,848 sellers, with an average price of $24.66 per item. Active DMarket owners stood at 5,111, contributing to a total owner count of 397,931.

Outside of the top three, Ethereum’s DogeZuki Collection came in fourth place with $436,787. Bored Ape Yacht Club, another Ethereum collection, had total sales of $341,576 for fifth place.

While a Solana collection led the day’s results, the network’s total NFT sales for the day were slightly outpaced by Ethereum.

Ethereum led all blockchains in sales on Monday with $4.2 million, with Solana close behind at $4.1 million.

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