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The Defiant 2025-01-29 20:27:01

Trump's Memecoin $TRUMP Now Accepted for Purchases, Travel Bookings; Holds $5.4 Billion Market Cap with 700K Holders

Trump's Memecoin $TRUMP Now Accepted for Purchases, Travel Bookings; Holds $5.4 Billion Market Cap with 700K Holders

More than a week after taking office, President Trump has promoted a new cryptocurrency, dubbed a 'memecoin', which has raised billions of dollars and sparked ethics complaints primarily from Democrats. The memecoin, referred to as $TRUMP, is now accepted for transactions on several websites, allowing users to purchase various products, including Trump-branded watches, fragrances, and sneakers. Additionally, it can be used for travel bookings on platforms like Travala. Despite a decline from its peak, the cryptocurrency maintains a market capitalization of approximately $5.4 billion and has attracted around 700,000 holders. The move to integrate the memecoin into everyday transactions aims to engage more of Trump's supporter base. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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