Donald Trump Offers $50 in TRUMP Memecoin to Select Merchandise Buyers
The promotion rewards purchasers of specific Trump-branded products with three tokens, as the cryptocurrency faces declining value and market scrutiny.
- Buyers of Trump-branded watches, fragrances, sneakers, or digital trading cards before February 15 are eligible for three TRUMP tokens, valued at approximately $50.
- The tokens are distributed through an airdrop and can be claimed using the email tied to the purchase until March 1.
- TRUMP token, launched before Trump's January inauguration, has lost over 75% of its peak value, now trading at around $16 per coin.
- Concerns have been raised over the Trump Organization's control of 80% of the token supply, sparking fears of potential market manipulation.
- While $TRUMP holders have collectively lost over $2 billion, trading fees have generated $100 million for entities behind the coin.