It looks like the US President’s memecoin has found its use. According to communication Bloomberg, several websites selling Trump-branded merchandise, including GetTrumpWatches, GetTrumpFragrances and GetTrumpSneakers, have begun accepting payment in TRUMP meme tokens.
This is not the first time that a Donald Trump-related memecoin can be used as a means of payment. For example, users of the travel booking platform Travala can pay for any trip with the TRUMP token. Since the memecoin was launched on the blockchain Solana, then before you pay for your purchase, you will have to use the function Solana Pay.
According to blockchain analysis platform Solscan, the TRUMP memecoin, which only debuted on January 17, is currently owned by more than 700 investors.
According to CoinMarketCap, TRUMP is currently trading at $28,03, down 4,42% in the last 24 hours. While the daily high was $30,22, it is still down 62,61% from its all-time high of $75,35.
With a significant daily trading volume of $2,64 billion, Memcoin currently ranks 26th in the cryptocurrency rankings by market capitalization with $5,6 billion.