Trump's Crypto Launches, DJT Dips
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Trump stockInvestor's Business Daily
•Business
Business & Economics
Shares of Trump Media & Technology (DJT) fell after the president's "Official Trump Meme" coin launched
65% Informative
The president declared $ TRUMP as his " Official Trump Meme " coin on social media Friday night .
The $ TRUMP coin skyrocketed to just above $75 early Sunday but is currently around $37 amid big price swings.
The Trump stock sank 6.6% during premarket action on Tuesday after gaining 13% last week .
Shares have found firm support at the stock's converged 50-day and 200-day moving averages since early December .
DJT shares advanced 95% in 2024 , but currently remain about 50% below their record high.
The Donald Trump stock has a 61 Composite Rating, out of a best-possible 99 , according to FactSet .
VR Score
57
Informative language
56
Neutral language
41
Article tone
formal
Language
English
Language complexity
39
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links