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President Trump’s New Social Media App "TRUTH SOCIAL" Now Has A Launch Date! Check it out

 

Trump’s New Social Media App Now Has A Launch Date
Donald Trump's Truth Social

It is one of the major announcements from former President Donald J. Trump that his patriots have been waiting for and he has finally made it.

No, not that one.

But it is game-changing for the world of the internet and social media. The 45th President of the United States, Donald Trump has announced that his media company, the Trump Media & Technology Group (TMTG), is going to launch his new social media app "TRUTH SOCIAL" on President’s Day, The Guardian reported.

Is Trump Social Media Site "Truth Social" Going To Be on the Android app also? Check it out

Photos show that the Truth Social app is going to be similar to Twitter in that it is set to have trending topics and the ability to follow other people. This app will raise the major voice of American Conservatives which were earlier suppressed by the BIG Tech. The app will launch 13 months after the former president was permanently banned from Twitter and banned indefinitely from Facebook. TMTG and Apple Company did not respond to requests for comment officialy, but a source familiar with the matter confirmed that 21 February, 2022 is the planned launch date of the Truth Social app.

Similar to Twitter and Facebook, the app offers features to follow other people and trending topics, according to demo photos. Its message equivalent of a tweet will be dubbed "truth".

The launch is expected to be the first of three stages in TMTG's development. The second would be a subscription video-on-demand service called TMTG+ with entertainment probably with the Canadian video platform Rumble, news and podcasts, according to the company website. A November investor presentation indicated that TMTG also wants to launch a podcast network.

Trump's "Truth Social" will be the death of Twitter & Other Social Media Networks!

TMTG is valued at $4.3 billion based on the stock price of Digital World Acquisition Corp (DWAC.O), which rose 20% after Reuters reported the app's listing on the App Store. TMTG agreed in October to merge with the blank-check firm at a valuation of $875 million. 

President Trump explains more about his new social media site "Truth Social" | Latest Statement on TMTG

Donald Trump supporters and retail investors have snapped up Digital World's stock, betting that Trump's popularity will translate into a commercial runaway success. 

The blank-check acquisition deal faces regulatory risk. Democratic U.S. Senator Elizabeth Warren asked Securities and Exchange Commission Chairman Gary Gensler last month to investigate the planned merger for potential violations of securities laws around disclosure. The SEC has declined to comment on whether it plans any action. TMTG last month raised an additional $1 billion from private investors. Donald Trump canceled a news conference at his Mar-a-Lago estate in Florida that had been scheduled for Jan. 6, marking the one-year anniversary of the Capitol riot. He said he will instead deliver remarks at an Arizona rally on Jan. 15, 2022.


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Truth Social Launching Date


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