Trump collapsed a few days after his launch.
The first lady, Melania Trump, also has her memecoin in Solana.
The Memecoin Official Trump (Trump), which issued Donald Trump three days before assuming as president of the United States last week, now has a utility. They serve to buy products from your brand.
Several products of Donald Trump have begun to accept payments with the president’s memecointogether with Bitcoin (BTC). Among them, the website of Perfumes Gettrumpfragrances.com and Gettrumpneakers.com shoes is included.
The payments in the Token Trump are made thanks to Solana Pay, a decentralized protocol that allows users to send money directly to merchants without intermediaries through the Red Solana, where the president’s memecoin is issued.
Next, you can see a screenshot, translated into Spanish, of the payment method with Trump through Solana Pay that offers the president’s perfume brand at the time of buying one.
The products offered by these businesses are officers of the president’s brand, although they are not sold directly by him. They are part of a license agreement with CIC Digital LLC, one of the companies that led the Trump tokens issuance.
So far, Trump only worked as a memecoin that could trade traders by speculative way. Therefore, its inclusion as a payment method to buy official products of the president makes this currency now have the possibility of utility and usability for its investors.
At the moment, the memecoin launched by Trump’s wife, Melania Trump, which – as Cryptonoths reported – is also issued in Solana following this initiative of the president, has not been included in the brand’s businesses.
Trump remains in profits despite his strong fall
Despite the short life that leads, Trump already has a capitalization of 5.5 billion dollars (USD). This sum It positions it in position 28 of the largest cryptoactives and in the 4th place of the Memecoins nicheafter Dogecoin (Doge), Shiba Inu (Shib) and Pepe (Pepe).
This position shows, anyway, a decrease, since Trump had come to be located as the third memecoin with more capitalization. A strong drop in its price, after a rise of 1,000% when it entered the market, led to this scenario.
At the moment, The Token is listed to USD 27, which is 63% below its historical maximum of USD 75 registered on January 19, one day before the presidential assumption.
Those who bought Trump in centralized exchanges and maintain holdings are, in general, in losses, since their entry into these platforms occurred mostly during their strong climb and, in some cases, even later.
