TL;DR
- Trump and Melania memecoins are now accepted for payments on Trump-branded product websites, demonstrating their real-world utility.
- The integration of Solana Pay allows transactions in various Solana-based tokens, expanding payment options for users.
- Travala has integrated the TRUMP token for travel bookings, further enhancing the practical use cases for these memecoins.
The official Trump and Melania memecoins are now being accepted for payments on various Trump-branded product websites. This development marks a significant step in demonstrating the real-world utility of these tokens, which were initially marketed as collectibles. The integration of Solana Pay has enabled these memecoins to be used for purchasing fragrances, sneakers, and even travel bookings.
Expanding Payment Options
Two websites, GetTrumpFragrances.com and GetTrumpSneakers.com, which license President Donald Trump’s brand, have started accepting TRUMP and MELANIA memecoins for payments. These sites also accept Bitcoin and credit card options.
The integration with Solana Pay allows transactions in dozens of other Solana-based tokens, including SOL and USDC, as well as other memecoins like BONK and WIF. However, another Trump-branded store, GetTrumpWatches.com, still only accepts Bitcoin and fiat currencies.
Travala Integration
The crypto-native travel bookings platform Travala has also integrated the TRUMP token for payments. This addition allows users to book hotels, flights, and activities around the world using the TRUMP memecoin. Travala’s integration aims to capture interest from a new wave of adopters and expand the practical use cases for the memecoin.
Controversial Launch
The launch of Trump’s official Solana-based memecoin was highly controversial. It took place during the premiere Crypto Ball in Washington, just before his inauguration as President. The TRUMP token experienced a frenzy of trading activity, reaching a fully diluted valuation of over $75 billion at one point, briefly surpassing the largest memecoin, DOGE.
However, the launch of Melania Trump’s own memecoin, MELANIA, led to a 50% correction for the TRUMP token. Currently, TRUMP is trading at $27.41 with a market cap of $5.5 billion, while MELANIA is valued at $2.25 with a market cap of $338 million.
The acceptance of Trump and Melania memecoins for real-world payments marks a significant milestone in the adoption of cryptocurrencies. With the integration of Solana Pay and platforms like Travala, these memecoins are finding practical use cases beyond their initial collectible status.
