TRUMP Coin Can Buy You Donald Trump-Themed Watches And Sneakers: Here's How

Merchandise related to President Donald Trump is now accessible through a new payment method—his own cryptocurrency, known as TRUMP Coin. This multibillion-dollar meme coin is gaining traction as platforms selling Trump-themed products, such as watches, sneakers, and perfumes, have begun to accept TRUMP Coin during checkout.

Recent Developments: Customers can now use the Solana Pay option for payments in Official Trump TRUMP/USD on various websites, including GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com. However, the main retail site for the Trump Organization, TrumpStore.com, has not yet introduced this payment option.

Additionally, a blockchain-based travel booking platform called Travala.com also added support for TRUMP Coin payments last week, expanding its use beyond merchandise.

Importance of This Trend: The acceptance of TRUMP Coin in real-world transactions comes during a period of significant volatility since its launch just a few weeks ago. Following its debut, the coin reached a fully diluted market valuation of approximately $75 billion. However, in the days that followed, it experienced a sharp decline of over 63%.

Much of the coin's supply, estimated at around 80%, is reportedly held by entities associated with The Trump Organization, leading to speculation regarding the financial benefits the president might be realizing from these market movements. When discussing the sum of "several billion dollars" generated by the meme coin, Trump referred to this amount as "peanuts," indicating his nonchalant attitude towards the fluctuations.

Current Market Value: As per the latest data, TRUMP Coin is trading at $28.11, reflecting a 3.22% increase in the last 24 hours.

TRUMP, coin, crypto