What to know:
- Truth Social is thinking about creating a shiny new cryptocurrency for reasons involving a digital wallet that might, just possibly, be the easiest way yet discovered to pay for a subscription nobody asked for.
- They’re also toying with the idea of exchange-traded funds that smush stocks and crypto together—for those who enjoy risk with a refreshing aftertaste of bewilderment.
- Trump’s merry band have previously flung into the wild such digital wonders as memecoins, NFTs, and probably something involving moon cheese, though no one can be quite sure.
Truth Social, otherwise known as “the place where capital letters go to die,” is part of Trump Media & Technology Group (DJT). Yes, that Trump. DJT is mulling a cryptocurrency launch, presumably because someone told them it’s what the cool kids are doing. So far, neither the shareholders nor the market seem terribly impressed—a reaction almost as lively as a tortoise on a Sunday.
“In a bid to lure users into our magical digital kingdom, we might bless the world with a utility token. You’ll need a Truth Wallet, of course. Initially, you can spend your dazzling new tokens on a Truth+ subscription, unlocking more things to wonder why you bought,” read the company’s letter to investors, who are either excited or asleep.
After-hours trading yawned politely and DJT stock sagged by a positively thrilling 0.52%.
Not content with confining the chaos to tokens, the company is peering curiously at the world of ETFs—those mysterious creatures lurking at the crossroad of equities and cryptocurrencies. Whether the investors will want to pet them is still uncertain.
For those keeping a scoreboard, this isn’t their first trip through Crypto Narnia. Trump’s squad have flung out memecoins, NFT collections, and even a DeFi protocol or two, just to keep everyone’s eyebrows in a perpetual state of elevation.
The future: more tokens than you can shake a magic stick at.
🚀🪙🦄
Read More
- Best Awakened Hollyberry Build In Cookie Run Kingdom
- AI16Z PREDICTION. AI16Z cryptocurrency
- Nintendo Offers Higher Margins to Japanese Retailers in Switch 2 Push
- Best Mage Skills in Tainted Grail: The Fall of Avalon
- Tainted Grail the Fall of Avalon: Should You Turn in Vidar?
- Nintendo Switch 2 Confirms Important Child Safety Feature
- Nintendo May Be Struggling to Meet Switch 2 Demand in Japan
- Top 8 UFC 5 Perks Every Fighter Should Use
- Nintendo Dismisses Report On Switch 2 Retailer Profit Margins
- Nvidia Reports Record Q1 Revenue
2025-04-30 01:26