- Pin
- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
✍️ Please include the topic #NFP Data Release# in your post
💰 5 quality posters * each receive $10 Points
The Non-Farm Payroll (NFP) data is set to be released on May 2nd. As a key economic indicator, it often has a significant impact on market sentiment. How do you think this upcoming report will influence the crypto market’s direction? Are you bullish or bearish?
Post with the hashtag #NFP Data Release# to share your insights or analysis to share the $50 reward pool!
⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
⚠️ Note
- 🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
Trump Media Launches Application Token and ETF 250 Million USD
Trump Media's Expansion Plan: Cryptocurrency and Financial Investment
Strong Start
Trump Media and Technology Group, the parent company of Truth Social and Truth Plus, is preparing to launch a new utility token as part of its expansion strategy. CEO Devin Nunes shared these updates in the company's one-year anniversary letter, detailing new investments and cryptocurrency integrations.
Utility Token and Digital Wallet
The utility token will be introduced in the Truth digital wallet and will be used to pay for Truth Plus subscription packages. Gradually, this token may be applied to other services within the Trump Media ecosystem, forming a significant rewards program.
Optimistic Financial Situation
Nunes emphasized the company's strong financial position with 777 million USD in cash and low operating costs, providing a significant advantage for growth. The company plans to roll out several new features for Truth Plus, such as longer videos and article editing.
Major Investment in the Financial Sector
Under the financial brand Truth.Fi, Trump Media launched a series of ETFs and account management focused on "America-first", in collaboration with Yorkville America Equities and Index Technologies Group. The company is investing up to 250 million USD in this project.
Concerns About Cryptocurrency
Despite transferring 59% of his shares to a trust fund, Trump is still involved in many cryptocurrency projects, raising concerns about increased conflicts of interest. He is also linked to World Liberty Financial and has faced criticism for launching a memecoin.
Stock Pressure and Merger Plan
Despite positive announcements, Trump Media's stock (DJT) fell 3% on the day and is down 26% for the year. Nunes believes that manipulation by hedge funds is to blame and has reported it to the SEC. The company is seeking merger opportunities to support long-term growth.
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to always stay updated with the latest news about the cryptocurrency market and not miss any important information!