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RE: LeoThread 2024-11-12 01:30

in LeoFinance3 months ago

Gold Bug Peter Schiff Urges Traders to Buy His Ordinals Amid Bitcoin’s Surge

Still a fierce critic, Schiff is asking traders to buy his limited Bitcoin Ordinals collection, calling it more scarce than the top crypto.

With Bitcoin surpassing all-time highs by the hour, even noted Bitcoin skeptic Peter Schiff is trying to get in on the action by selling his Ordinals collection.

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On Sunday, the financial commentator and radio host said on X (formerly Twitter) that the Peter Schiff Ordinals collection, also known as the Golden Triumph Ordinals Set, would go up for sale on Magic Eden.

Bitcoin surged past $80,000 Sunday in the crypto-optimistic wake of Donald Trump’s election victory last week. It has since passed the $87,000 mark.

Launched in 2023, the “Golden Triumph Ordinals Set” is a collection of 51 Ordinal inscriptions on the Bitcoin Blockchain. Similar to a non-fungible token (NFT), a Bitcoin Ordinal is a digital collectible on the Bitcoin blockchain. Each Ordinal is inscribed on an individual satoshi, the smallest denomination of a Bitcoin. Ordinals have included text, images, video clips, and even video games on the Bitcoin network.