Trump Media & Technology Group Corp (NASDAQ:DJT) has had a volatile trading session since Thursday, as social media has criticized Republican presidential candidate Donald Trump's cancellation of scheduled events and conduct at recent events, including a town hall in Pennsylvania.
The market also priced in the disappointment met with by Trump's cryptocurrency venture World Liberty Financial (WLF), which aimed to raise $300 million. The WLFI token could sell tokens worth $12.9 million, CNBC cited from the website.
On Thursday, Trump's crypto venture released a 13-page document detailing its mission and token allocation plans.
The document reveals that Trump and his family could receive 75% of the project's net revenue.
WLF outlined that the Trump family will receive 22.5 billion "$WLFI" tokens, valued at $337.5 million, based on the token's launch price of 1.5 cents each.
The paper specifies that neither Trump nor his family members hold any roles as directors, employees, or managers within WLF or its affiliates. It also emphasized that the project was unaffiliated with any political campaign.
DT Marks DEFI LLC, a Delaware-based company tied to Trump, will receive three-quarters of the net protocol revenues. Of the remaining 25%, Axiom Management Group, co-founded by Chase Herro and Zachary Folkman, will receive its share.
WLF aims to operate as a crypto bank where users can borrow, lend, and invest in digital currencies.
The Truth Social parent has priced in the Republican presidential candidate's every move, including presidential election poll results versus Vice President Kamala Harris, his campaign topics, and policies.
As per reports, President Joe Biden canceled his presidential candidature shortly after he debated with Trump, where Biden appeared to be fumbling.
Despite the lockup period's expiry, Trump's retention of a majority stake in Trump Media further instilled conviction in the investors.
The stock surged over 91% in the last 30 days as the market resonated more with Trump's stance on the economy, border security, immigration, and more.
Trump remains unabated, helping him gain the confidence of Tesla Inc (NASDAQ:TSLA) chief Elon Musk, who contributed nearly $75 million to support Trump's re-election campaign, shifting loyalties from the Democratic candidate.
The stock also got a boost from Trump Media's launch of its Truth+ streaming service on the web.
Price Action: DJT stock is up 1.57% at $30.37 at the last check on Friday.
特朗普媒體科技集團公司（納斯達克股票代碼：DJT）自週四以來交易時段一直動盪不定，原因是社交媒體批評共和黨總統候選人唐納德·特朗普取消預定活動和近期活動（包括賓夕法尼亞州市政廳）的行爲。
市場還對特朗普的加密貨幣企業世界自由金融（WLF）感到失望定價，該公司的目標是籌集3億美元。CNBC援引該網站的話說，WLFI代幣可以出售價值1,290萬美元的代幣。
週四，特朗普的加密企業發佈了一份長達13頁的文件，詳細介紹了其使命和代幣分配計劃。
該文件顯示，特朗普及其家人可能獲得該項目淨收入的75％。
WLF概述說，特朗普家族將獲得225枚 「$WLFI」 代幣，價值3.375億美元，按每枚1.5美分的發行價格計算。
該文件指出，特朗普及其家族成員在WLF或其附屬機構中均未擔任任何董事、僱員或經理職務。它還強調，該項目與任何政治運動無關。
總部位於特拉華州的與特朗普有聯繫的公司Dt Marks DEFI LLC將獲得淨協議收入的四分之三。在剩餘的25％中，由Chase Herro和Zachary Folkman共同創立的Axiom管理集團將獲得其股份。
WLF的目標是作爲一家加密銀行運營，用戶可以在那裏借款、借貸和投資數字貨幣。
Truth Social的家長已經對共和黨總統候選人的一舉一動進行了定價，包括總統大選對比副總統卡馬拉·賀錦麗的投票結果、他的競選主題和政策。
據報道，喬·拜登總統在與特朗普辯論後不久就取消了總統候選人資格，拜登似乎在辯論中摸索不定。
儘管封鎖期已經到期，但特朗普保留了特朗普媒體的多數股權，這進一步激發了投資者的信心。
由於市場對特朗普在經濟、邊境安全、移民等方面的立場產生了更多共鳴，該股在過去30天中飆升了91％以上。
特朗普仍有增無減，這幫助他獲得了特斯拉公司（納斯達克股票代碼：TSLA）首席執行官埃隆·馬斯克的信心。埃隆·馬斯克出資近7500萬美元支持特朗普的連任競選活動，轉移了民主黨候選人的忠誠度。
特朗普媒體在網絡上推出的Truth+流媒體服務也提振了該股。
價格走勢：在週五的最後一次支票中，DJT股價上漲1.57％，至30.37美元。
