The official TRUMP meme coin project has unveiled a President's Day airdrop promotion targeting buyers of authorized Trump merchandise and collectibles. The initiative offers eligible customers three TRUMP tokens, currently valued at approximately $48.
Customers who purchased items before February 15 from Trump's official online stores for sneakers, watches, fragrances, or digital trading cards can claim the airdrop tokens. Product prices in these stores range from $99 for NFTs to $100,000 for limited edition gold watches.
To participate, buyers must verify their eligibility using the email address associated with their original purchase. The claiming window remains open until March 1, 2024 through the official claim website.
"TRUMP is creating the biggest and strongest crypto community the world has ever experienced," the project announced on X (formerly Twitter). "Today, we are growing the TRUMP community, and we want you to be part of it!"
The TRUMP token, launched on January 17 on the Solana blockchain, initially reached a market capitalization of nearly $14.7 billion. However, the price has since declined approximately 78% from its all-time high and currently trades at $16.30.
The promotion excludes buyers who purchased Trump NFTs through secondary marketplaces. The project has not disclosed details about the source of the promotional tokens or the total number available for distribution.
This airdrop initiative follows Trump's previous ventures into digital assets, including multiple NFT collections on various blockchain networks like Ethereum's Polygon and Bitcoin Ordinals. His first trading card collection maintains a floor price of $187 on secondary markets.
The promotion comes amid broader volatility in the meme coin market, with the sector experiencing recent downward price pressure across major tokens.