The NFT TRUMP2 takes off: an analysis of the speculative run-up before the inauguration

With only days remaining before Donald Trump takes office as the 47th President of the United States, the cryptocurrency and NFT markets are experiencing a boiling point. Recent data reveal an unprecedented speculative phenomenon: Trump Series 2 NFT cards have appreciated by nearly 900% in the last 24 hours.

The Turning Point: Numbers That Speak

CoinGecko records show attention-grabbing figures. In a single day, transaction volume reached 219 ETH, representing a staggering 70,000% increase compared to the previous period. The minimum price to access these TRUMP2 NFT cards has risen to 0.073 ETH, solidifying an upward trend that reflects investor speculation.

This behavior is no coincidence. The proximity of the inauguration ceremony scheduled for Monday, January 20, 2025, at the Capitol in Washington, D.C., has generated an atmosphere of anticipation that transcends borders and markets.

Roots of the Project: From Polygon to the Speculative Vortex

Trump’s Digital Trading Cards represent a bet by the New York magnate on digital assets. The second series, launched in April 2023, includes 47,000 NFTs built on Polygon, the Ethereum-based scalability solution. Each card features Trump as different iconic characters: rockstars, monster truck drivers, and other memorable figures.

The first edition, deployed in December 2022, housed 45,000 cards depicting the former president as a cowboy, astronaut, and businessman. That initial collection laid the groundwork for what is now a market phenomenon.

The Political Context as a Catalyst

Trump arrives at the presidency with a radically different approach to cryptocurrencies and NFTs. His vision promises a friendly regulatory environment for the digital sector, positioning itself as an alternative to previous administrations. This stance has fueled optimism among crypto investors.

The Meme Currency: An Additional Move on the Board

Not content with the explosion of his NFTs, Trump has launched $TRUMP, a meme coin with a fixed supply of one billion tokens. The first 200 million were released on the first day, with 100 million allocated to the public. Built on the Solana blockchain, this coin has gained significant traction in the speculative market.

Trump himself announced: “My NEW Official Trump Meme IS HERE. It’s time to celebrate everything we stand for: WINNING! Join my very special Trump community.”

Conclusion: An Ecosystem in Motion

The appreciation phenomenon of NFT TRUMP2, the launch of $TRUMP , and the pre-inauguration euphoria paint a picture where politics, speculation, and blockchain technology converge. Investors are positioning themselves in assets associated with Trump, seeing an opportunity window amid the change in administration. However, as with any speculative market, volatility will remain the constant.