#Trump Launches Bitcoin Digital Trading Card#

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Overview

Former US President Donald Trump recently launched a new "Trump Bitcoin Digital Trading Card," which is issued on the Bitcoin blockchain using the Ordinals protocol. This is Trump's second foray into the digital asset space after launching his first NFT collection last year. The first batch of "Trump Bitcoin Digital Trading Cards" was issued in 160 pieces and can be claimed through the NFT marketplace Magic Eden. It is worth noting that Trump's NFT collection has seen an increase in sales over the past three months, but trading volume has declined.

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Analysis

Trump has launched new "Trump Bitcoin Digital Trading Cards," which are based on the Bitcoin Ordinals protocol and are part of a Trump-themed NFT collection. The first 160 "Trump Bitcoin Digital Trading Cards" have been released and can be claimed through the NFT marketplace Magic Eden until January 31st. These digital trading cards are part of the "Mugshot Edition" and users need to submit their Bitcoin wallet to claim them. Notably, the sales of the Trump-themed NFT collection have increased in the past 90 days, with the first edition seeing a 71.1% increase in sales and the second edition seeing a 151% increase. Despite the decline in trading volume, the popularity of the Trump-themed NFT collection seems to be on the rise.

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Trump continues to use NFTs for commercial activities, launching a new series of "Trump Bitcoin Digital Trading Cards."

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The series is issued on Bitcoin using the Ordinals protocol and can be claimed through the Magic Eden platform.

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Sales of Trump-themed NFT series continue to grow, but trading volume has declined.

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Trump's NFT series has sparked discussions about NFT technology and the use of NFTs for commercial activities by political figures.

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