- Trump Bitcoin Digital Trading Cards launch using Ordinals protocol creating unique assets on Bitcoin blockchain.
- Mugshot Edition holders can claim Trump NFTs via Magic Eden with claim period open until January 31.
- Ordinals market rebounds as Trump-inspired NFTs list on Magic Eden with prices up to 9.8 BTC.
The first 160 items of President-elect Donald Trump’s NFT collection, the Trump Bitcoin Digital Trading Cards, debuted on Bitcoin using the Ordinals protocol. This marks Trump’s entry into the Ordinals ecosystem hence leveraging blockchain technology to create unique digital assets.
Claim Period Opens for NFT Mugshot Edition Holders
Users who previously acquired 100 NFT cards from the Mugshot Edition and submitted their Bitcoin wallets are eligible to claim these new assets. The claim process is facilitated through the NFT marketplace Magic Eden. The claim period remains open until January 31.
The Trump Bitcoin Digital Trading Cards use Alpha sats, which are among the first satoshis of a Bitcoin block. Ordinals technology allows data to be inscribed onto individual satoshis, creating unique assets within the Bitcoin blockchain.
Market Response and Pricing
As of now, six Trump-inspired Ordinals are listed on Magic Eden. The floor price for these Ordinals stands at 0.25 BTC, while the most expensive item is priced at 9.8 BTC. Despite a market slowdown for Ordinals in mid-2024, the sector began to recover by the year’s end.
Recent data from Dune Analytics highlights a surge in Ordinals inscriptions. Monthly averages climbed to between 54,000 and 92,000 inscriptions last month, signaling renewed interest in the technology.
Trump’s NFT History
Although this is Trump’s first Ordinals-based collection, he has released multiple NFT series in the past. These include four Trump Digital Trading Cards editions, featuring imagery such as Trump holding Bitcoin or performing his signature dance.
The latest America First edition, launched in August 2024, offered benefits like gold Trump-themed sneakers and a dinner with Trump. However, trading activity for this collection remains stagnant.
Recent Trading Trends
In the past 90 days, the first edition of Trump NFTs recorded 2,180 sales, a 71.1% increase, though trading volume decreased slightly by 2.35%. The second edition experienced a sharper rise, with sales up 151% to 4,579, while trading volume climbed 30%, totaling $147,605.
Trump’s entry into Ordinals reflects the evolving market dynamics within the Bitcoin NFT ecosystem, showcasing a mix of innovation and market interest.
The post Trump’s Bitcoin Digital Trading Cards Debut on Ordinals Protocol with Unique Alpha Sats Technology appeared first on Cryptonewsland.
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