Trump Supporters Receive $50 in TRUMP Tokens as Market Downturn Weighs on Memecoin

TRUMP token has dropped 8% in the past 24 hours, mirroring a broader decline in the crypto market.

Supporters of Donald Trump who previously purchased merchandise from his official online stores are now eligible for an airdrop of his official TRUMP token.

Each qualifying buyer—those who purchased Trump-branded perfumes, sneakers, trading cards, or watches—will receive three TRUMP tokens, currently valued at just over $50. The airdrop is linked to the email address used during the purchase and can be claimed until March 1.

Trump-affiliated products have historically commanded high demand, with some limited-edition items skyrocketing in resale value. In July, Trump-branded Bitcoin sneakers originally sold for $500 per pair, with secondary market prices reaching as high as $2,500.

The TRUMP token was unveiled just days before Trump’s inauguration on January 20, making him the first sitting U.S. president to be linked to a memecoin. The token initially surged from a few dollars to over $75, achieving a peak market capitalization of $13 billion.

However, a combination of profit-taking, a broader crypto market slump, and concerns over the token’s distribution have pressured prices, leaving TRUMP down more than 75% from its all-time highs.