Trump Fans Get $50 in TRUMP Tokens as Market Downturn Hits Memecoin
The TRUMP token has slid 8% in the past 24 hours, in line with a broader decline across the crypto market.
In an effort to reward loyal supporters, Donald Trump’s official TRUMP token is being distributed as an airdrop to individuals who previously purchased merchandise from his affiliated online stores.
Shoppers who bought Trump-branded perfumes, sneakers, trading cards, or watches will receive three TRUMP tokens—valued at just over $50 at current prices—credited to the email address used for their purchases. The airdrop is claimable until March 1.
Trump’s merchandise has historically commanded high prices. In July, a limited-edition release of Trump-branded Bitcoin sneakers was originally sold for around $500, with resale listings reaching up to $2,500.
Launched just before Trump’s inauguration on January 20, the TRUMP token quickly gained traction, soaring from a few dollars to a peak above $75, briefly securing a $13 billion market cap.
However, the token has since struggled, facing sell-offs, a declining crypto market, and ongoing concerns over its distribution—leading to a more than 75% drop from its highs.
Share this content:
