On May 12, 2025, Truth Social and Trump Media Technology Group announced plans to launch a cryptocurrency token to enhance platform services and potentially fund subscriptions. Stakeholders are cautious due to past experiences with Trump-linked cryptocurrencies.
Despite initial enthusiasm surrounding Trump-related cryptos like the $TRUMP token, market reactions to the new token have been subdued, indicated by a recent 0.52% drop in TMTG stock. Analysts anticipate increased scrutiny of the venture due to its association with Trump.
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