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Trump’s Bitcoin NFT Collection Launches on Magic Eden Amid NFT Market Challenges

source-logo  en.coinotag.com 19 h
  • Donald Trump’s NFT collection, “Trump Bitcoin Digital Trading Cards,” debuts with 160 pieces on the Bitcoin network, marking a significant entry into the crypto space.

  • The collection includes 200 cards in total, with incentives for buyers and availability via Magic Eden’s NFT marketplace.

  • The broader NFT market faces oversaturation, though Bitcoin and Ethereum lead 2024 sales with over $3.1 billion.

Trump’s new NFT collection launches on Bitcoin, featuring 200 cards and aims to attract buyers despite a challenging NFT market marked by oversaturation.

Trump’s NFT Collection is Available on Magic Eden

Trump first announced the collection in January 2024. It consists of 200 cards, with 40 additional pieces expected to be released later. This marks Trump’s debut NFT project on Bitcoin, though he has previously been involved in other NFT ventures. The incorporation of Bitcoin and the Ordinals protocol into his latest collection signifies an adaptation to the evolving NFT landscape.

His earlier collections included “Trump Digital Trading Cards,” which featured editions such as the “America First” series released in August 2024. That edition offered perks like gold-themed sneakers and meals with Trump. However, despite the celebrity backing and unique digitized offerings, initial trading activity for these collectibles has been lackluster, providing a stark backdrop against which the new collection is launched.

Despite initial excitement, the “America First” series has yet to see significant trading activity. Recent sales of other Trump-themed NFT products have also been inconsistent, indicating a potential volatility in demand for his digital assets. Nevertheless, the newly launched NFT series on Bitcoin Ordinals is exhibiting a different pattern. At the time of writing, 29% of the collection has already been minted, suggesting gained traction among collectors.

en.coinotag.com