Trump Media’s TruthFi Gamble Tests Bulls And Bears
Posted On November 22, 2024
Trump Media & Technology Group Corp (NASDAQ:DJT) boasts an 82.88% gain over the past year. Yet recent months have tested the resolve of its bulls, with a 30.17% dip over six months and a 9.45% slide in the last month.
The Truth Social parent company is now exploring a cryptocurrency payment service, TruthFi, as reported by the Financial Times.
Is this the diversification move the stock needs to regain its upward momentum?
Read Also: Trump Media Trademark Filing For ‘TruthFi’ Hints At Potential Digital Wallets, Asset Trading
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