en

JUST IN! Donald Trump Makes a Significant Cryptocurrency Move on the Last Day of the Year! “He Will Launch a New Altcoin!”

image
rubric logo Altcoins
1
like dislike buy 21

Trump Media and Technology Group, which is linked to US President Donald Trump, plans to distribute cryptocurrency to its shareholders.

According to the official announcement, Trump Media (DJT) has partnered with Crypto.com (CRO) to launch a new token for its shareholders, which will be distributed via airdrop. This token will offer various advantages on Trump-owned products and platforms, primarily Truth Social.

Shareholders will receive one token for each DJT share they own. The token will have no cash value but will be used to provide benefits for services related to Trump Media.

Further details regarding the token to be distributed will be announced in the new year.

“Trump Media anticipates that in the near future, each ultimate holder will be entitled to receive one of the new digital tokens for each full share of DJT, and token holders will be offered various rewards periodically throughout the year.”

These rewards may include benefits or discounts associated with Trump Media products such as Truth Social, Truth+, and Truth Predict.

Trump Media CEO and Chairman Devin Nunes said the following:

“We look forward to leveraging blockchain technology at Crypto.com and conducting this first-of-its-kind token distribution to reward Trump Media shareholders and increase regulatory clarity to promote fair and transparent markets.”

Following the news, the price of Cronos (CRO) moved upwards.

*This is not investment advice.