It's no secret… leading 2024 presidential candidate and 45th President Donald Trump's social media platform, Truth Social, is a HUGE success. But not just any success – the new app that has dominated app charts is now experiencing an 88 percent surge in shares!
On Monday, shares of Digital World Acquisition Corp (DWAC), the company merging with Trump's social media platform, Truth Social, experienced an 88 percent surge after Governor Ron DeSantis (R-FL) dropped out of the 2024 presidential race and endorsed Trump. Doug Burgum (R-ND), Sen. Tim Scott (R-SC), and businessman Vivek Ramaswamy (R-OH), all former 2024 Republican presidential candidates, have also dropped out and endorsed President Trump. Former New Jersey Governor Chris Christie (R-NJ) dropped out and admitted in a leaked audio tape that the remaining Republican opponent to Trump, Nikki Haley, is going to "get smoked" by the leading Republican candidate.
The DWAC stock is the parent of Truth Social and is a key part of the Trump Media & Technology Group (TMTG). The 88 percent skyrocket is the highest level the DWAC share price has been since May of 2022. Thanks to the leadership and savvy business skills of President Trump, Truth Social has grown to about 7 million users. Last year, in an exclusive DC Enquirer interview with TMTG, they urged anyone who wants to advertise to real people, as opposed to bots, on a free and open platform to start with Truth Social. "Truth Social and Rumble are charting the future of the parallel Internet, where small businesses and content creators can thrive without Big Tech. We encourage anyone who wants to advertise to real people — not bots — on a free and open platform to get started at truthsocial.com/advertising," they said.
The site's success is hard to lie about, even for the fake news media. The far-left New York Times has admitted Trump's social media success, dubbing Truth Social a "vibrant ecosystem brimming with activity." On August 23, 2022, the chief executive of TMTG, Devin Nunes, announced an agreement with the video-sharing platform Rumble to support advertisements via Rumble Ads on Truth Social. "By partnering with Rumble Ads, Truth Social is poised to displace the Big Tech platforms as a superior venue for businesses to connect with an extraordinarily engaged audience of millions of real people," Nunes said.
In an April 2023 Truth Social post, Trump accurately wrote, "It has become one of the most important 'Voices' in the Universe, because it is my Voice, but the Fake News, most of which is dying, or dead, refuses to report on it, or its relevance. WHEN I TRUTH, IT GOES ALL OVER THE PLACE. REMEMBER THAT, AND WATCH."
You can follow Reed Cooper on Instagram @GodBlessDJT, Truth Social @ReedCooper, and Twitter/X @ReedMCooper.
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