Trump Launches "Trump Bitcoin Digital Trading Cards" NFTs
Donald Trump unveiled a new drop of NFTs branded as "Trump Bitcoin Digital Trading Cards" directly to the Bitcoin blockchain using the Ordinals protocol. This is relevant because it represents the first collection of this type of NFT. As the NFTs are actually inscribed upon "alpha sats," these are made rarer and potentially more valuable among collectors.
Details of the First NFT Drop
There are 160 items in the first drop, while the people who got the "Mugshot Edition" NFTs can download their card from the Magic Eden marketplace until January 31, 2025. The cost of the Trump NFTs ranges between 0.25 BTC and 9.8 BTC, revealing an array of collector enthusiasm.
Revived Interest in Bitcoin-based NFTs
This drop comes at a time when interest in Bitcoin-based NFTs has been revived, with monthly inscriptions on Ordinals reaching between 54,000 and 92,000 in December 2024, having plateaued.
Building on Previous NFT Ventures
This collection follows the other NFT ventures by Trump that have seen a mixed sales performance. However, the brand remains popular in the digital collectibles space. This new Bitcoin NFT by Trump is a step further in proving that cryptocurrency and digital art are fast becoming intertwined.
Implications for Collectors and Investors
It may be the thing to alter the view of digital assets for collectors and investors, and it may be the thing to drive trading activity over the next few weeks. In all ways, this launch will appeal to both Trump fans and NFT aficionados because it brings together celebrity branding with new technology.