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Trump Media announces shareholder token drop – TRUMP token reacts by…

Trump Media (DJT) announced a token airdrop for shareholders holding at least one share, scheduled for February 2nd. The token, built on Crypto.com’s Chronos chain, will offer rewards and discounts for Truth Social and other company products but is not a tradeable security. CEO Devin Nunes emphasized it does not represent equity. Following the news, the unrelated TRUMP memecoin fell 4%, erasing its 2026 gains and trading near $5 amid negative demand. The move may set a precedent for shareholder-linked tokenization.

ambcrypto01/22 03:02

Trump Media announces shareholder token drop – TRUMP token reacts by…

ambcrypto01/22 03:02

DJT rolls out regulated token as $94mln exits TRUMP memecoin – Coincidence?

Trump Media and Technology Group (DJT) has launched a regulated digital token distribution for its shareholders, partnering with Crypto.com to issue 1:1 utility tokens on the Cronos blockchain. These tokens, which are not equity or profit-sharing instruments, aim to reward loyal shareholders with perks across Truth Social's ecosystem. The move diverges from speculative Trump-themed memecoins, as evidenced by a 4.53% drop in the TRUMP memecoin amid $94 million in liquidity withdrawals. DJT stock rose 5.33% post-announcement, reflecting a strategic shift toward a tokenized loyalty model and long-term infrastructure over short-term speculation.

ambcrypto01/02 03:03

DJT rolls out regulated token as $94mln exits TRUMP memecoin – Coincidence?

ambcrypto01/02 03:03

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