Trump Crypto: DJT Stock Surges on New Coin
Update: 2026-01-02
Description
Trump Media and Technology Groups stock, DJT, surged in early trading on January 2nd following the announcement of a new cryptocurrency linked to Truth Social. The crypto-backed move could attract significant attention, boost user numbers, and open new revenue streams. However, the companys fundamentals remain uncertain, with revenue dipping below $1 million, ongoing losses, and user numbers far behind major social apps. Wall Street avoids coverage, leaving investors without professional guidance, and past rallies were more politically driven than profit-driven, keeping the long-term outlook bearish. Checkout Solipillow.com
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