Twitter permanently banned Trump from the platform in January 2021 during the final days of his term. Back then he had over 88.9 million followers.
Can we expect a retracement to that area because of TRUTH Social gaining momentum and market share?
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.
The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination.
Truth Social is aiming for a beta launch in November.
TRUTH Social will be a competitor to Twitter and Facebook.
TMTG+ will compete with Netflix and Disney+.
TMTG news will compete with CNN and iHeart Radio.
They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal).
Could this be the new Twitter / Facebook platform?
I`m looking forward to read your opinion about it!
Interesting point of view, I am in 66.95.... If it goes below 50 for a couple of days i think i may sell. There is like a inverse megaphone pattern in on the daily, dont really know how to read that.
But on the bullish side, it seems oversold and 50 round number might act as a strong support.......
There is like a inverse megaphone pattern in on the daily, dont really know how to read that.
But on the bullish side, it seems oversold and 50 round number might act as a strong support.......
What do you think ?