US President Donald Trump has seen his memecoin gain traction as several online retailers have started accepting it as payment for luxury items such as watches, sneakers, and fragrances. The move follows an earlier announcement by Trump himself before his inauguration, marking a unique integration of cryptocurrency into the world of high-end consumer goods.
Source: https://www.bloomberg.com/news/articles/2025-01-28/trump-s-memecoin-can-now-be-used-to-buy-watches-and-sneakers