Platforms like GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com, showcasing collections of watches, perfumes, and sneakers linked to Donald Trump, have introduced TRUMP coin as a payment option. Users can now purchase these items using TRUMP coin alongside credit cards and Bitcoin $97,178 via Solana
$173 Pay. The products are produced under a licensing agreement with CIC Digital LLC, which issues the TRUMP coin, rather than directly by Trump himself. Following this news, the market value of TRUMP coin saw a resurgence, exceeding $5.5 billion and securing a spot among the top 30 cryptocurrencies.
The Market Position of TRUMP Coin
Since its launch on January 17, TRUMP coin has experienced a rapid rise. Recently, its acceptance as a payment method for licensed products has spiked demand for the coin. Consequently, its value has surged by nearly 40%. Experts suggest that Trump’s brand power could initiate a new trend in the cryptocurrency market.
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The personalized production of these items and the commencement of deliveries in the coming months support the long-term use of the coin. Additionally, Solana Pay’s direct transaction model enhances the transparency of the purchasing process. This aligns with the aim of strengthening the role of memecoins in commerce.
A Fresh Take on Cryptocurrency Trade
In recent years, the cryptocurrency market has made various efforts to broaden commercial use cases. However, high volatility has hindered many projects. The merger of TRUMP coin with licensed products is viewed as a concrete step toward overcoming these obstacles. The official agreement making the coin a payment method could serve as a model for other projects.
CIC Digital LLC’s initiative significantly strengthens the “real-world” connection of cryptocurrencies. Furthermore, the future of the coin, combined with Trump’s political and commercial influence, remains a subject of great interest. Market observers emphasize that the increase in similar licensing agreements could provide the cryptocurrency market with new momentum.