Donald Trump's latest NFT collection, "Trump Bitcoin Digital Trading Cards," has launched with an initial release of 160 items on the Bitcoin blockchain, utilising the Ordinals protocol.
This collection follows the success of his previous "Mugshot Edition" NFTs, offering holders of 100 cards the opportunity to claim new Ordinals by registering their Bitcoin wallets.
The claim process is facilitated through the NFT marketplace Magic Eden and remains open until 31 January.
The Ordinals protocol enables the creation of unique digital assets on Bitcoin by inscribing data onto individual satoshis, the smallest unit of BTC.
Notably, this collection leverages "Alpha sats," the first satoshis of a Bitcoin block, adding exclusivity to the NFTs.
As of now, 36 out of 119 available Ordinals have been minted, with 15 already listed on Magic Eden.
Prices range from a floor of 0.177 BTC to as high as 20 BTC for the most expensive piece, reflecting strong market interest in Trump's expanding presence in the digital collectibles space.
Trump first unveiled his "Trump Bitcoin Digital Trading Cards" collection in January 2024, marking his entry into the Bitcoin NFT space.
The collection consists of 200 cards, with an additional 40 pieces expected to be released at a later date.
While this is Trump’s first NFT project on Bitcoin, he has previously launched multiple digital collectibles.
One of his earlier ventures, the "Trump Digital Trading Cards," included themed editions such as the "America First" series, released in August 2024.
That edition featured exclusive perks like gold-themed sneakers and private meals with Trump.
However, despite initial enthusiasm, the "America First" series has yet to see significant trading activity, and recent sales of other Trump-themed NFTs have been inconsistent.
The Ordinals market, which saw a decline in mid-2024, is experiencing renewed momentum.
Between May and November 2024, monthly Ordinals inscriptions ranged between 13,000 and 35,000.
However, by December, activity surged, with 54,000 to 92,000 inscriptions recorded, according to a Dune Analytics dashboard by Data Always.
The performance of Trump's Bitcoin Ordinals NFT series may follow a different trajectory, as 30% of the collection has already been minted at the time of writing.
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