Key Information:
- Trump supporters will receive three TRUMP tokens, valued at just over $50, as a reward per email address for past purchases of his perfumes, sneakers, cards, or watches.
- Redemption for the tokens is open until March 1.
Supporters of Donald Trump can look forward to receiving a small reward of his official TRUMP token if they’ve previously purchased merchandise from his associated websites. Each supporter will receive three TRUMP tokens, with a combined value of approximately $50, based on the email address linked to these purchases. These tokens can be claimed until March 1.
Trump’s merchandise, which often bears his image or popular phrases, tends to be priced significantly in the marketplace. For instance, a limited edition of Trump-themed Bitcoin Sneakers was offered at around $500 for each pair, with some resale prices reaching up to $2,500.
In the last 24 hours, TRUMP has seen a drop of 8% alongside a broader decline in the cryptocurrency market.
Trump’s official memecoin debuted shortly before he took office on January 20, marking the first time a sitting president was linked with a memecoin. Initially valued at a few dollars, it surged to over $75 at its peak, achieving a market valuation of $13 billion.
However, ongoing sell-offs, a downward trend in the crypto markets, and apprehensions about TRUMP’s distribution have contributed to its significant drop of over 75% from its peak prices.
