Finance
What to Know: (Or Maybe Not, Who’s Counting?)
- Trump Media declared that shareholders will be eligible to receive one shiny digital token for every whole share of DJT held, just like getting a free toy with your fast food meal! What’s next, a Happy Meal? 🍔
- This token is going to be issued on Crypto.com’s Cronos blockchain-sounds fancy, doesn’t it? Just make sure you don’t lose it in the couch cushions! 💸
- In pre-market trading, DJT shares surged up 3.18% to a whopping $12.97. Can I get a cha-ching? Meanwhile, Crypto.com’s CRO token had a little jump of 3.8% before it decided to take a nap! 💤
So, Trump Media and Technology Group (DJT)-the brains behind Truth Social-got together and said, “Hey, let’s give our shareholders some tokens!” Because who wouldn’t want a piece of the digital pie? 🎂
These tokens will pop up thanks to Crypto.com’s Cronos blockchain. According to the press release, once the program launches, every shareholder gets a token for each whole share of DJT. Why? Because sharing is caring! 🤗
But wait, there’s more! Token holders might also get some sweet rewards throughout the year. Think of it as a lottery ticket, but instead of cash, you might get discounts on Trump Media products like Truth Social, the Truth+ streaming service, and the always-enigmatic Truth Predict! 🎉
U.S. president Donald Trump, the big cheese at Trump Media, has been singing the praises of the crypto world in 2025! In November, he declared his dream of making the U.S. a “bitcoin superpower.” Sounds like something out of a superhero movie, right? 🦸‍♂️
Devin Nunes, the CEO and chairman, couldn’t contain his excitement, stating, “We’re thrilled to harness Crypto.com’s blockchain tech and clear up the regulatory fog to roll out this groundbreaking token distribution! Grab your popcorn, folks!” 🍿
Shares of Trump Media skyrocketed in pre-market trading-DJT shot up to $12.97! And CRO had a little dance party, jumping 3.8% before deciding to chill out again. Quite the rollercoaster ride! 🎢
More juicy details about the token distribution are expected to drop in the new year, so stay tuned! Will it be a smash hit or a total flop? Only time will tell! ⏳
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2025-12-31 18:29