Oh. My. God. So, Trump Media, because apparently running a social media platform wasnât enough, has decided to launch its own digital token. A regulated digital token, no less. It’s all terriblyâŚmodern. And conveniently timed, wouldnât you agree?
Apparently, they’re pivoting towards a âtokenized loyalty model.â It sounds soâŚsophisticated. Like I should be wearing a beret and discussing blockchain over a soy latte. They’re using Crypto.comâs Cronos blockchain, which is, like, the trendy one, apparently. Itâs supposed to bridge the gap between us retail investors and the wonderfully named âTruth Social ecosystemâ. đ Honestly, the names alone.
Thereâs been a whole lot of Trump-themed memecoins floating around, mostly fuelled by pure, unadulterated hope (and possibly questionable financial decisions). But this is supposedly moreâŚinstitutional. As if! đ¤
Trump Media and Crypto.com
They’ve partnered with Crypto.com, becauseâŚwell, who hasnât partnered with Crypto.com? Apparently, it’s to avoid the whole âpump-and-dumpâ thing political tokens are so famous for. Theyâre going for âhigh-performance, interoperable infrastructureâ instead. Rolls right off the tongue, doesnât it? đ
So, for the first time, DJT shareholders will get a digital wallet mirroring their equity. One share = one token. Which unlocksâŚperks. Across Truth Social, Truth+, and the upcoming Truth.Fi suite. Because everyone needs more Truth. Itâs a whole Web3 experience. No, seriously. đ¤Śââď¸ It’s using Cronos [CRO] to reward its loyal shareholders, because common decency isnât enough, apparently.
Devin Nunes, the CEO and Chairman (bless his soul) said, and I quote, âWe look forward to utilizing Crypto.comâs blockchain technology and improving regulatory clarity to implement this first-of-its kind token distribution, reward Trump Media shareholders, and promote fair and transparent markets.â Right. Fair and transparent. Thatâs rich. đ
Apparently, the legal structure is all about âutilityâ and not âinvestment.â Which, naturally, means itâs definitely an investment. Theyâve explicitly said these tokens donât represent actual ownership or profit sharing. Itâs justâŚutility. Like a very expensive, digital key card. đ
Theyâre only giving tokens to âtrue beneficial ownersâ (whatever that means) and excluding borrowed shares. Because short-sellers are apparently the root of all evil. đ
Market divergence and more
Predictably, this announcement sent the DJT stock on a bit of a jaunt, surging 5.33% in after-hours trading. Bringing its year-to-date gains to a spectacularly robust 33.20%. Itâs been a bumpy ride, though. A 25.32% decline over the last six months thanks to someâŚhistoric insider trading allegations. Details, details. đ
But hereâs the really interesting part. This whole Cronos-based token thing started happening just as the broader Trump-themed speculative market started toâŚwell, deflate. The TRUMP memecoin? Down 4.53% in 24 hours. Despite a ridiculously optimistic 290.93% yearly gain, itâs slid 17.86% in the past month. Itâs like watching a meticulously orchestrated drama. đż
And get this: The TRUMP team quietly withdrew nearly $94 million USDC from liquidity pools. Quietly. Over the past three weeks. Just a small detail. Nothing to see here. Except possibly the entire house of cards collapsing. đ¸
Final Thoughts
- While all the other TRUMP-adjacent tokens are sinking with alarming speed, DJT is building something slightly lessâŚchaotic. Baby steps, people. Baby steps. đś
- Trump Media is rewarding only the truly invested (and possibly wealthy) while simultaneously trying to make life harder for anyone who dares to question their methods. Itâs a bold strategy, Cotton. Letâs see if it pays off.
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2026-01-02 06:19