Donald Trump Reportedly Make NFT Debut on Bitcoin Ordinals

Former President Donald Trump is reportedly set to make his debut on Bitcoin Ordinals. The announcement, made by CollectTrumpCards on X, revealed the minting of Trump Digital Trading Cards NFTs on Bitcoin.

The launch noted that it is offering the purchase of 100 Trump Digital Trading Cards using WETH. 

Trump Trading Cards in this series will reportedly have a limited edition of 200 1/1 trading cards from MugShot Edition. The announcement emphasizes that only 99 of these exclusive cards are left for purchase.

Also Read: Mugshot NFT: President Donald Trump Releases “Mugshot Edition” NFTs

Ordinals debut in 2024

Bitcoin Ordinals, launched last year, got inscriptions of art and collectibles onto the Bitcoin blockchain.

The inscription process will take place and allow collectors to claim their exclusive Ordinals inscriptions later on Magic Eden. The launch carried a disclaimer that stated, “Trump Digital Trading Cards (NFTs) are intended as collectible items for individual enjoyment only, not for investment vehicles.”

BREAKING: Former President of the United States, Donald Trump, just announced he is going to inscribe his mugshot into Bitcoin and sell it as an Ordinals collection.

You can’t make this stuff up! pic.twitter.com/vRr2bZnnpg

— Leonidas (@LeonidasNFT) January 18, 2024

The cards are explicitly stated to be non-transferrable until December 31, 2024.

Previous Trump NFTs were a hit 

This development follows the success of the former president’s previous NFT ventures. The earlier series of Trump Digital Trading Cards sold out in record time.

The launch also comes amid his lead in the Republican leadership race and his recent commitment to oppose the creation of a central bank digital currency (CBDC). During a campaign in New Hampshire, the former POTUS was quoted saying that if elected president again, he would prevent the development of a central bank digital currency.

As the 2024 election draws near, Trump’s ongoing exploration of NFTs brings new ways of engagement in the electoral race. As per the NFT Price Floor, Trump Cards collections hold the 16th position in NFT Brand ranking with an accumulated market cap of 26,576 ETH. Over the past 24 hours, three cards collectively recorded a trading volume of 66.479 ETH and achieved 366 sales as per data revealed by the platform. 

Also Read: CBDC: Donald Trump Pledges Opposition to CBDC Digital Dollar In Campaign Speech

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Shraddha’s professional journey spans over five years, during which she worked as a financial journalist, covering business, markets, and cryptocurrencies. As a reporter, she has placed particular emphasis to learn about the market interaction with emerging technologies.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.