The newly launched cryptocurrency by President Donald Trump can now be utilized for purchasing Trump-branded watches, fragrances, and sneakers.
The decision made by the MAGA leader to introduce a memecoin—a digital currency not associated with any underlying business or asset—prompted immediate concerns regarding potential conflicts of interest during his anticipated second term. Initially, the official memecoin surged in value before experiencing a decline from its high, yet it continues to rank among the top memecoins globally by market capitalization.
With questions lingering about the coin’s uses—beyond speculation and the possibility of generating billions for Trump—several retailers licensing the Trump brand have begun accepting the tokens as a form of payment.
Supporters of the president can now use this currency alongside Bitcoin and credit cards on platforms such as GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com, as reported by Bloomberg. This development follows the announcement from travel site Travala.com that it, too, would accept the currency.
“On July 13, 2024, President Trump faced danger and emerged triumphant!” proclaims the official memecoin website, referencing a life-threatening incident at a rally in Butler, Pennsylvania. “With his fist raised high and the iconic battle cry FIGHT FIGHT FIGHT, President Trump exemplified what true LEADERSHIP is about. His bravery ignited a movement that has become the most unforgettable meme of the century.”
The website also emphasizes to Trump’s followers that the coins are designed to “serve as a symbol of support for, and participation in, the ideals and beliefs represented by the emblem ‘$TRUMP,’” and are not meant to be seen as an investment or security.
