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- Donald Trump digital trading cards are coming to Bitcoin Ordinals according to an announcement by CollectTrumpCards on the X platform.
- This development follows previous successful NFT launches by the former U.S. President and is a show of the popularity of the market.
After non-fungible tokens (NFTs) hit the crypto space, the new blockchain application swept the market like a storm. NFTs were further popularized by celebrities and influencers. Some of the most renowned NFT holders include Justin Bieber, Snoop Dogg, Grimes, Paris Hilton, and Lindsay Lohan. Other influential persons such as Twitter founder Jack Dorsey have released their NFTs. But NFTs’ fast rise was matched by its fast fall as demonstrated by Dorsey’s NFT which was initially sold for over $2.9 million but is now worth less than $4.
In part, the industry was met with regulatory pressure with some celebrities facing charges. Additionally, the SEC brought forth penalties and enforcement actions against NFT issuers. But more significantly, prices fell apart with the NFTs seemingly overpriced due to the hype around NFTs. However, as former U.S. President Donald Trump has demonstrated, NFTs remain high-demand assets.
Beginning in 2022, Trump has been launching his NFTs, and with every successful release, has continued the trend. In the latest announcement, the team behind his NFTs has confirmed the first-ever Trump digital trading cards on the Bitcoin blockchain. This has been made possible with Bitcoin ordinals.
Great News Collectors! When you purchase 100 Trump Digital Trading Cards using Crypto (WETH) on CollectTrumpCards.com Mugshot Edition, you also get a One-of-One Trump Digital Trading Card. Your One-of-One card will be minted as a Bitcoin Ordinal!
Announced on the X platform, the team notes that only 200 of these 1/1 Trump Digital Trading Cards MugShot Edition Bitcoin Ordinals will EVER exist in the world. These NFTs will set back buyers around $9,900, and will not be able to transfer the NFTs for about a year. The announcement continues to state that owners will be able to claim their NFTs on Magic Eden on Bitcoin.
Launched last year, Bitcoin Ordinals is a new innovative way to engrave art, collectibles, or Trading Cards, onto the Bitcoin blockchain. Since its launch, its popularity has been on a steady upward trajectory despite the general NFT popularity fading.
The team further warns that Trump Digital Trading Cards (NFTs) are collectible items for individual enjoyment only, not for investment vehicles. They further add that they are not political but it is hard to get away from the fact that their sales coincides with Trump running for the President’s office again. Significantly the president has won a landmark republican vote. Some experts expect that he could very well be the president at the end of the year and it is hard to speculate that his NFTs will not surge in value.