Supporters of Donald Trump will receive rewards in the form of TRUMP tokens by purchasing products from websites affiliated with the US president. Buyers of Trump-branded perfumes, shoes, cards, or watches will get three TRUMP tokens (approximately $50 worth at current prices) for each entered email address. These tokens can be claimed until March 1, 2025. The products on these websites usually feature Trump’s image or slogans and come at high prices. For instance, Bitcoin shoes with a Trump theme were sold for around $500 in July and some of these shoes fetched up to $2500 in the secondary market. The TRUMP token has experienced an 8% price drop in the past 24 hours, in line with the overall decline in the digital currency market. Introduced a few days before the start of Trump’s presidency, this token made him the first meme coin-affiliated president. Initially valued at a few dollars, the token soared to over $75 at its peak, reaching a market cap of $13 billion. However, recent widespread sales, the general market downturn of digital currencies, and concerns about TRUMP token distribution have led to a more than 75% decrease from its all-time high price in recent weeks.
