Blockchain Innovation Enters Uncharted Territory with Trump-Backed Ordinals Protocol Release
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Trump’s Bitcoin Digital Trading Cards Debut on Ordinals Protocol with Unique Alpha Sats Technology
In a shocking turn of events, former President Donald Trump has entered the world of Non-Fungible Tokens (NFTs) by launching his own Bitcoin digital trading cards, dubbed “Trump’s Bitcoin Digital Trading Cards,” on the Ordinals protocol. This marks the 45th President’s first foray into the blockchain and cryptocurrency space.
As part of this innovative venture, Trump has leveraged Alpha Sats technology to create unique digital assets within the Bitcoin blockchain. This move comes as a surprise to many, considering the polarizing figure’s history with cryptocurrency, which has been the subject of much controversy.
The Trump Bitcoin Digital Trading Cards series is comprised of 160 initial pieces, each featuring a distinct design or image. Notably, these digital cards are not merely static graphics; they have real-world implications and value due to their unique placement within the Bitcoin blockchain.
In a move that may raise eyebrows among some, Trump has chosen Magic Eden as the primary marketplace for his NFT series. The claim period remains open until January 31st, at which point users who previously acquired 100 NFT cards from the “Mugshot Edition” will be eligible to claim these new assets.
Market Rebound
The launch of these digital trading cards has sparked a significant reaction in the Ordinals market, with prices surging as high as 9.8 BTC for some listings. This marked an upward trend for the sector, which had slowed down mid-year but rebounded by year’s end. According to Dune Analytics, monthly inscriptions reached averages of between 54,000 and 92,000 last month, a stark contrast to the previously stagnant activity.
Trump’s involvement in this project has likely played a significant role in driving this growth, as his influence has been instrumental in drawing attention to the Ordinals protocol. However, the true impact of these digital trading cards on the market remains uncertain at this time and will likely be subject to ongoing evaluation by industry experts and investors alike.
Trump’s track record in the NFT space is marked by a series of releases under the monikers “Trump Digital Trading Cards” and an “America First Edition,” which, despite boasting impressive initial sales figures, has failed to sustain any consistent momentum.
Source: cryptonewsland.com
