Trump Memecoin Turns to Gaming to Revive Community

President Donald Trump’s official memecoin, TRUMP, has announced the launch of a new game, Trump Billionaires Club. The move is part of its efforts to renew interest in the memecoin.

The announcement on its X page stated that users can join the waitlist for the game, offering rewards of $1 million in TRUMP tokens to early users.

TRUMP to Serve as Token for Trump Billionaires Club

According to the landing page for the Trump Billionaires Club, TRUMP memecoin will serve as the official token for the game. The announcement confirms earlier reports that members of the TRUMP coin team are working on a game similar to Monopoly Go.

So far, the promotional materials shared about the game show that it would be a role-playing strategy game where players roll the dice and build empires.

The landing page reads:

“The biggest Mobile and Web game has arrived, TRUMP Billionaires Club finally! Roll the dice and step into a 3D world where every move is a chance to Build your Empire. Buy and Grow Businesses, Collect Big Profits, and try your Skill in the Stock Market.”

Interestingly, the project stated that the game would have a mobile and web version. Players would be able to compete with others and also acquire digital collectibles. The Trump Billionaire Club is powered by the non-fungible token (NFT) marketplace, Open Loot.

Meanwhile, the game is set to be launched by December 30, but the landing pages show users can preregister for early access. For those looking to increase their chances of getting access, they are advised to link their social network accounts to the game.

Can New Game Aid Resurgence of TRUMP Memecoin?

The launch of the new game comes at a time when TRUMP memecoin is down more than 90% from its peak value. The memecoin, which launched in January, a few days before the inauguration, reached a peak of around $73.

Since then, it has been in a free fall, along with the rest of the memecoin market, and now trades at $5.81, according to CoinGecko. Although it has declined by more than 30% in the past month, the recent announcement has caused a slight increase in value.

This is the goal behind making TRUMP the official token for the planned game. However, it would not be the first time that the project will create utility in an attempt to boost the memecoin value.

A few months ago, top holders of TRUMP were invited to a private dinner with the president. In the lead-up to the event, TRUMP value increased along with rising demand for the token.

Meanwhile, whether the Trump Billionaire Club will aid the TRUMP turnaround depends on the success of the game. So far, crypto games have struggled to maintain momentum in the past crypto cycles, with several play-to-earn and tap-to-earn games falling into irrelevance.