This is Trump’s first NFT project on Bitcoin. The full collection will feature 200 cards, with 40 more expected to drop soon. Earlier, Trump introduced NFT projects like “Trump Digital Trading Cards,” including the “America First” series in August 2024. That collection offered unique perks like gold sneakers and meals with Trump but has seen little trading activity since its release.
The new Bitcoin-based collection, however, seems to be gaining traction. Reports suggest 29% of the cards have already been minted.
The broader NFT market showed mixed results in 2024. Total sales reached $8.8 billion, up by $100 million from 2023. Ethereum and Bitcoin led the market with $3.1 billion each in sales, while Solana followed in third place. Popular collections like Pudgy Penguins generated $115 million in sales, showing that innovation remains key in the space.
Despite these successes, challenges persist. Kraken shut down its NFT marketplace in late 2024, and oversaturation remains an issue. Only 0.2% of new collections were profitable, with most losing value quickly.
While Trump’s latest venture adds intrigue to the market, the broader NFT landscape continues to evolve with caution.
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