Trump Company Plans to Airdrop Solana Meme Coin to Eligible NFT, Merch Buyers

Patrons of merchandise or collectibles from certainly one of 4 formally licensed Trump on-line retailers could also be eligible for an airdrop of the president’s official Solana meme coin, TRUMP. And that features preliminary gross sales of Trump’s official NFT collections.

The airdrop is a part of a President’s Day promotion to reward consumers of the merchandise and additional develop the group behind the TRUMP meme coin. 

“TRUMP is creating the largest and strongest crypto group the world has ever skilled,” the undertaking posted on X (previously Twitter). “Immediately, we’re rising the TRUMP group, and we would like you to be a part of it!”

Any consumer who bought gadgets from Trump’s official sneakers, watches, fragrances, or digital buying and selling card websites earlier than February 15 is eligible to say 3 TRUMP tokens, round $48 price on the present worth. Objects vary in worth from $99 for Trump NFTs to $199 for fragrances, all the best way as much as $100,000 for a restricted version 18-karat gold watch. 

The declare requires customers to share the e-mail tackle that was utilized for his or her Trump merchandise order. Eligible events can have till March 1 to say their TRUMP tokens at claim.gettrumpmemes.com. Customers who bought Trump NFTs from secondary marketplaces aren’t eligible for the drop.

A consultant for the president’s meme coin didn’t instantly reply to Decrypt’s request for particulars on the place the promotion altokens got here from, and what number of are being supplied in complete.

TRUMP, the official Solana meme coin, was launched on January 17 and rapidly ballooned to a market cap of practically $14.7 billion. It has since retraced practically 78% from its all time excessive, buying and selling at $16.30 on the time of writing, regardless of occasional promotions by the president. 

The president has a historical past of promoting digital buying and selling playing cards as NFTs, most recently releasing 360,000 collectible playing cards on Ethereum scaling community Polygon. Final January, formally licensed Trump digital collectibles had been additionally minted on Bitcoin as Ordinals inscriptions.

Trump’s first-ever trading card collection is up 17% within the final 24 hours and holds a flooring worth—or beginning worth on secondary marketplaces—of $187, in keeping with NFT Value Ground.

Edited by Andrew Hayward