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Trump’s Truth Social Mulls Launching Token for Subscriptions in Latest Crypto Push

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Credit : www.coindesk.com

Reality Social, the social media platform of Trump Media & Expertise Group (DJT), that the US President Donald Trump is in majority, is contemplating launching a cryptocurrency.

“As a part of our remuneration program, we’re investigating the introduction of a Utility token with a Reality Digital Pockets that may initially be used to pay for Reality+ subscription prices and later utilized to different services and products within the fact Ecosphere,” the corporate said in a letter to her shareholders On Tuesday.

DJT hardly responded to the information; The share fell by 0.52% at commerce after hours.

The corporate can be investigating the launch of listed funds (ETFs) that mix shares with cryptocurrencies, repeated the letter.

Through the years, the entourage of Trump has launched a Panophy to Crypto merchandise, together with Memecoins, NFT collections and a Defi protocol.

Learn extra: Trump Media needs to collaborate with crypto.com for ETP problem

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