Posted 1/23/2024, 7:30:11 PM
Trump Cashes Out $2.4 Million in Ethereum Royalties from NFT Sales
- Former President Donald Trump sold over 1,000 Ether (ETH) worth over $2.4 million
- The ETH comes from royalties earned from NFT projects using Trump's likeness
- Trump released 45,000 NFTs in December 2022 priced at $99 each, generating over $35 million in volume
- It's unclear if Trump has changed his previously negative stance on crypto from his presidency
- The sale comes after a strong month for Ethereum, with the price up 17% in the past month