TRUMP Coin Adoption Grows: The Coin Gains Utility as Solana-Based Payment Adoption Grows
Following the pre-inauguration debut of the Official Trump and Melania meme coins, first introduced as a collectible, the tokens are now striving to prove their usefulness as a payment method in Trump-branded stores and other websites. Besides bitcoin and credit cards, TRUMP and MELANIA meme coins are now being accepted as payment methods for two websites that license President Donald Trump’s brand: GetTrumpFragrances.com and GetTrumpSneakers.com.
Although TRUMP is often promoted as a Solana Pay payment option, the integration also enables transactions in dozens of other Solana-based tokens, such as USDC and SOL, in addition to other meme coins, such as BONK and WIF. However, Bitcoin and fiat are still the sole payment methods accepted by GetTrumpWatches.com, another Trump-branded website. In an effort to attract a fresh wave of adopters, Travala, a crypto-native travel reservations website, has also recently integrated TRUMP token payments in addition to more than 60 cryptocurrencies, including SOL, ETH, BNB, XRP, DOGE, and USDT.
TRUMP is now live on Travala! You can now book hotels, flights, and fun activities around the world and pay with TRUMP.
Travala
TRUMP Memecoin Surges to $75B Before MELANIA Token Sparks Market Shake-Up
On Friday evening prior to his inauguration as president, Trump’s official Solana-based memecoin was introduced in a very publicized and contentious manner at the inaugural Crypto Ball in Washington. As a result of a flurry of trading activity, the TRUMP token temporarily overtook DOGE, the largest memecoin, and reached a fully diluted valuation of over $75 billion.
That is until Melania Trump’s own memecoin, MELANIA, was launched and the TRUMP token had a 50% correction. Compared to Trump’s token, Melania’s memecoin had shorter vesting durations but fewer insider allocations. It peaked at a fully diluted valuation of almost $13 billion before quickly halving. Trump, though, seemed mostly ignorant of the circumstances.
I don’t know much about it other than I launched it. I heard it was very successful. I haven’t checked.
Trump
For more up-to-date crypto news, you can follow Crypto Data Space.
Leave a comment