Trump Offers $50 Airdrop to Boost His Meme Coin – Here’s What You Need to Know

Trump Offers $50 Airdrop to Boost His Meme Coin – Here’s What You Need to Know

Supporters of Donald Trump can now receive free TRUMP tokens as a reward for purchasing products from websites associated with the former U.S. president.

Listen to the summary of the news:

Under this promotion, buyers of Trump-branded perfumes, shoes, cards, and watches will receive three TRUMP tokens (worth approximately $50 at current prices) for each email address entered. The airdrop is available until March 1, 2025.

Trump Offers $50 Airdrop to Boost His Meme Coin

Trump’s merchandise often comes with premium pricing. For example, Bitcoin-themed Trump sneakers were initially sold for around $500 in July, but later fetched up to $2,500 on secondary markets.

TRUMP Token’s Market Performance

Over the past 24 hours, the TRUMP token has dropped by 8%, in line with the overall downturn in the cryptocurrency market.

Originally launched just days before Trump’s presidential term, the token made history by making him the first U.S. president associated with a meme coin.

At launch, TRUMP was worth just a few dollars, but at its peak, it Increased past $75, pushing its market capitalization to $13 billion. However, widespread sell-offs, general market declines, and concerns over the token’s distribution have led to a 75% drop from its all-time high in recent weeks.

With this new airdrop initiative, Trump’s supporters may have an incentive to engage with the token, but whether it can regain its former highs remains uncertain.

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