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Invezz 2025-01-29 08:43:06

Trump’s meme coin finds utility as Travala, retail stores begin accepting payments in TRUMP

Trump-linked merchandise sites have started accepting Donald Trump’s meme token TRUMP for payments, increasing the altcoin’s real-world use cases. According to Bloomberg , individuals can purchase goods from Trump-branded websites using TRUMP. They can use the meme coin to purchase sneakers and watches from GetTrumpSneakers.com, GetTrumpWatches.com, and GetTrumpFragrances.com. The merchandise websites already offer Bitcoin and credit card payment options. TRUMP’s real-world use cases TRUMP has dominated crypto trends since its launch before the US inauguration ceremony. The new use cases address worries about the asset’s utility beyond hype. Moreover, TRUMP’s adoption trends match the ongoing efforts to promote crypto for online purchases. Notably, stablecoins have seen massive use cases in the payment industry due to their stability – with their values tied to traditional currencies. Cryptocurrencies, especially meme coins, have struggled to attract payment platforms due to volatility. These trends could change as digital assets gain ground with the new United States government. Enthusiasts have speculated about Elon Musk’s X platform integrating crypto payments over the past months. TRUMP launched in Solana and looks to lead the movement. Customers can use Solana Pay to complete payments using the meme coin when buying from Trump-affiliated stores. TRUMP’s reach beyond retail Blockchain-based travel booking agency Travala added $TRUMP as a payment option 48 hours after the inauguration ceremony . Travala.com 🏨 ✈️ @travalacom · Follow 📢 NEW INTEGRATION ALERT: $TRUMP is now live on Travala! 🎉You can now book hotels, flights, and fun activities around the world and pay with $TRUMP ✈️Who’s ready to travel like a boss with @realDonaldTrump ? 9:53 am · 22 Jan 2025 1.9K Reply Copy link Read 174 replies Individuals can use the TRUMP meme token to pay for Travala’s services, including booking flights, hotels, and fun activities globally. Travala.com accepts over 100 cryptocurrencies, including BTC, BNB, AVA, XRP, LTC, and DOT. Official Trump price outlook Cryptocurrencies displayed bearishness, with altcoins recording significant dips as Bitcoin sought stability above $100K . TRUMP lost over 5% of its value within the past day to trade at $27.85. The alt exhibits substantial selling pressure, signaling more declines before possible recoveries. The slumped daily trading volume highlights faded trader interest in the meme coin. Despite the visible struggle, analyst Cold Blooded Shiller observed promising signals for TRUMP around its latest lows. Cold Blooded Shiller @ColdBloodShill · Follow Some very positive signs for $TRUMP down at the lows. Starting to form the bull div here, and just underneath the resistance region of $32.Reclaim that and I think there’s a good chance that was the bottom for a while. 4:12 pm · 28 Jan 2025 251 Reply Copy link Read 44 replies He highlights a bullish divergence emerging below the resistance of $32. The analyst trusts overcoming the obstacle will mean TRUMP secured a temporary bottom after its recent dip. Further, Cold Blooded Shiller believes Donald Trump’s influence will be crucial for TRUMP’s future performance. Another X user remains bullish on TRUMP as the meme represents the United States and its government’s attitude towards the crypto market. Vellear (4,4)🌱🐬 @Supervellear · Follow Replying to @ColdBloodShill As the only crypto president in the world and in history, his meme token represents the attitude of the entire country and the government towards cryptocurrencies in the next few years. It represents history and the future, so BULLISH 8:13 am · 28 Jan 2025 1 Reply Copy link Read 1 reply A bull resurgence would see TRUMP reclaiming $30 before challenging the resistance at $32. Overcoming this hurdle could catalyze smooth surges to $38.70. Friendly crypto developments in the US and real-world use cases amid the anticipated 2025 bull run might see TRUMP targeting its all-time highs of around $75 in the upcoming months. The post Trump’s meme coin finds utility as Travala, retail stores begin accepting payments in TRUMP appeared first on Invezz

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