Trump Releases NFTs on Bitcoin Ordinals

Former President Donald Trump has announced the release of a new series of NFTs based on the Bitcoin Ordinals protocol, following the sale of his "mugshot" NFTs to previous buyers.

Trump Releases NFTs on Bitcoin Ordinals

Twitter account X, specializing in the sale of NFTs by former US President Donald Trump, has announced the upcoming release of a special collection. This marks Trump's inaugural NFT launch using the Ordinals protocol on Bitcoin.

These NFTs will be limited to 200 copies, available to the first 200 purchasers of 100 NFTs from the Mugshot Edition collection released in December 2023. Priced at $99 per mugshot, this translates to a significant investment of up to $9,900 USD for those wishing to own Trump's NFTs on Bitcoin.

The account also revealed that there are currently only 99 Trump NFTs available on Bitcoin Ordinals that can be purchased.

Furthermore, the entity clarified that the issuance of NFTs by the former US President is solely for collectors and not for investment purposes, distancing itself from any political association. Therefore, all mugshot NFTs purchased cannot be traded until December 31, 2024.

Previously, Trump has announced a total of three NFT collections. The American billionaire was reported to have held $5 million USD worth of ETH at one point, largely from the proceeds of NFT sales. However, by December of last year, Trump had liquidated $2.4 million USD of Ethereum.

During his presidency, Trump declared himself "not a supporter of Bitcoin" and has repeatedly criticized the cryptocurrency as a "scam" after leaving office.

In preparation for the 2024 US presidential election campaign, Donald Trump has pledged that if he returns to the White House, he will ensure that the Federal Reserve does not create any CBDCs to safeguard financial freedom for Americans.