Donald Trump’s NFT Collection Debuts on Bitcoin Ordinals
Donald Trump’s latest NFT series, called “Trump Bitcoin Digital Trading Cards,” has launched its first 160 cards on the Bitcoin network using the Ordinals protocol.
Buyers who get 100 cards from the “Photo Edition” can NFT market Magic Eden after connecting to your Bitcoin wallet.
Trump’s NFT collection is now available on Magic Eden
Trump first announced the series Will launch in January 2024. It consists of 200 cards, with an additional 40 cards expected to be released later. This marks Trump’s first appearance Bitcoin NFT projectalthough he has been involved in other NFT projects before.
His early collections included "Trump Digital Trading Card”, which includes releases such as the “America First” collection, set for release in August 2024. This release offers perks such as gold-themed sneakers and a meal with Trump.
Despite initial excitement, America First series has yet to see any progress trading Activity. Recent sales of other Trump-themed NFT products have also been inconsistent.
However, the newly launched NFT series Bitcoin ordinal Different patterns may appear. As of this writing, 29% of the collection has been minted.
2024, NFT market sales hit $8.8 billionan increase of US$100 million compared with 2023. Ethereum and Bitcoin lead the industry with sales of $3.1 billion each, while Solana Ranked third.
Collection like Chunky penguin Dominates the field with sales of US$115 million. Innovation is also coming from platforms such as Magic Eden and Pudgy Penguins, both of which have launched their own tokens.
open seaIs the leading NFT market Rumored to follow suit with token launch 2025.
However, challenges remain. Kraken shuts down its NFT marketplace Other projects will be prioritized in November, giving users until February 27, 2025 to withdraw their assets.
Market oversaturation remains a concern 98% of NFT collections have little or no trading activity. Only 0.2% of new releases prove profitable, with most collections losing more than half their value within a few days. While there are signs of recovery in the NFT market at the end of 2024, broader issues point to a decline in speculative trading.
Disclaimer
follow trust project BeInCrypto is committed to fair and transparent reporting. This news article is designed to provide accurate and timely information. However, readers are advised to independently verify the facts and consult a professional before making any decisions based on the content of this article. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.
