Several websites selling Trump-branded products have begun to accept the President’s more supporters, in an effort to win the Trump Memcoin.
Gettrumpwatches.com, Gettrumpfragrances.com and Gettrumpsneakers.com – All of whom licensed President Donald Trump’s brand – are now allowing customers to checkout with $ trump with credit cards and bitcoins.
The “official” Trump Memcoin was released on 17 January. And the President promoted it on social media. The value of the coin has been sung over time, and is now far below its peak. According to the website Coinmarketcap.com, its total market cap was still $ 5.4 billion in New York on Tuesday afternoon.
In recent times, other businesses, such as travel site Travala.com, also began to accept $ Trump for payment.
New integration warning:$ Trump Now is live on the travla! ,
Now you can book hotels, flights and fun activities around the world and pay together $ Trump
Who’s ready to travel like a boss @Realdonaldtrump, pic.twitter.com/g8aotmoycx
– travala.com? ✈ (@travalaCom) January 22, 2025
Payment options provide a small response to questions that the President’s memecoin can be used for other other than speculation.
These efforts are only the latest efforts to encourage people to use cryptocurrency to pay for online purchase. Some crypto original inhabitants have started using stabechoin, which is worth a traditional currency, to transact. But cryptocurrency with rapid ups and downs, like $ Trump, has usually failed to achieve traction in the form of payment methods.
Trump’s coin can potentially earn billions for Trump and create an important conflict of interests for his administration, which wants to remake the regulatory landscape for digital assets. Most coins will be given to Trump associated institutions as they are unlocked over time.
Already, trading in the coin is likely to produce a fee of at least $ 11.4 million in fees for the President associated with the President, Bloomberg said earlier.
According to Tracking Service Solcan, Memcoin was initially launched through an exchange on Solana blockchain, and currently there are around 700,000 holders. To use memcoin on the trump-conferred online store, customers have to choose the “Solana Pay” option.
Trump has long sold branded goods, but he recently made a big push in the world of cryptocurrency. He promoted a collection of non -taffable tokens with his photos in various heroic pose. Trump and his sons have also announced their participation with the World Liberty Financial, a digital asset business, which promises people to earn a produce on their holdings. It has not been launched yet.
(This story is not edited by NDTV employees and auto-generated from a syndicated feed.)
