Donald Trump branded merchandise websites have expanded their payment options by accepting TRUMP memecoin. This step allows the use of cryptocurrency for purchasing various products.
TRUMP Memecoin as a Payment Method
Online stores selling Donald Trump branded products, such as gettrumpwatches.com and gettrumpfragrances.com, now accept TRUMP memecoin as a means of payment. This became possible thanks to the use of the Solana Pay platform, which allows direct payments without intermediaries.
Launch and Growth of TRUMP Memecoin
Donald Trump launched the TRUMP memecoin in January, shortly before his inauguration as U.S. president. The coin quickly gained popularity and reached a market capitalization of one billion dollars within hours. Despite criticism, it climbed to the 27th position on the CoinMarketCap platform.
Memecoin as a Utility Token
Initially perceived as a meme, the TRUMP memecoin is becoming a utility token due to its acceptance on various platforms. This recalls Elon Musk's support for Dogecoin, who also used memecoins as payments in his projects.
The expansion of the TRUMP memecoin into a utility token highlights how memecoins can find a real-world application, opening up new opportunities for cryptocurrencies.
