The TRUMP Memecoin project has announced that it will release a game. As a reward, there is a waiting list action offering TRUMP Tokens worth 1 million USD.

Due to the announcement, the Bitcoin price of the Memecoin briefly rose by 3.3 percent. Nevertheless, the mood remained bearish.

Billionaires Club: What does the new game promise?

The team behind the Memecoin teased on X the "first and only Trump mobile game for supporters." The post also introduced the Billionaires Club.

As part of the launch, the team also opened a free waiting list. Here, participants can receive up to 1 million USD in TRUMP tokens.

The official website states that the Billionaires Club is a 3D board game for web and mobile. In this game, players build virtual empires – with classic game elements and optional Web3 features like the blockchain.

Players can earn in-game rewards, unlock new items, and climb the so-called “Billionaire Ladder.” The token is used for all activities in the game, and OpenLoot is also utilized.

The Trump Billionaires Club is supported by Open Loot – one of the leading marketplaces for digital player collectibles – to provide real trading potential for your in-game empire. Collect & trade limited NFT statues and pins that can be used in the game, as stated on the website.

“TRUMP”-Memecoin: Despite the new game launch—Why is the hype missing?

The market's reaction to the game announcement remained subdued. The token only increased by about 3.3 percent in the last 24 hours. At the time of publication, the price was $5.89.

Community members noted that the mobile game generated hardly any excitement. A market participant highlighted how differently the price developed compared to the Bitcoin price.

This restrained reaction shows that the sentiment towards the token remains weak. Announcements alone apparently are no longer enough to bring momentum to the market.

Data from Google Trends underscores the low interest from small investors. Since the strong increase in January, the search interest for “trump meme coin” has remained unchanged and low.

This increase coincided with the launch of the token and the all-time high. Since then, the memecoin has fallen by more than 90 percent from its peak, highlighting the ongoing weakness.

This pattern, however, does not only affect TRUMP. As reported by BeInCrypto, several Trump-related crypto projects such as the MELANIA memecoin, the World Liberty Financial (WLFI) token, or the American Bitcoin Corp. mining project have collapsed significantly. Consequently, billions in book value have been wiped out for the Trump family, and many supporters have suffered significant losses.