Donald Trump Supporters Are Getting Rewarded with a Few Dollars Worth of His Official TRUMP Token

Three TRUMP tokens, worth just over $50 at writing time, will be given to past buyers of Trump's perfumes, sneakers, cards or watches per email address

Those who had purchased any merchandise from websites associated with former U.S. President Donald Trump were rewarded with a few dollars worth of his official TRUMP token.

Three TRUMP tokens, valued at just over $50 at the time of writing, were given to past buyers of Trump's perfumes, sneakers, cards or watches per email address used to conduct these purchases. The tokens could be claimed until March 1.

Trump-affiliated websites sold products branded around his image or catchphrases, which tended to fetch high prices in the market. In July, the limited edition Trump-themed Bitcoin Sneakers were sold for around $500 a pair, with some listed for resale for as high as $2,500.

TRUMP was down 8% in the past 24 hours alongside a slide in the broader crypto market.

Trump's official tokens were unveiled just days before he took office on Jan. 20, becoming the first sitting president to be associated with a memecoin. The token soared from a few dollars at issuance to over $75 at its peak - commanding a $13 billion valuation.

However, sell-offs, a generally falling crypto market and concerns around the distribution of TRUMP have weighed down prices in the past weeks, with the token declining over 75% from highs.