Speculators are making bold moves in the stock market as they bet on the success of Truth Social, a social media platform launched by former President Donald Trump. This phenomenon, known as 'Trump-and-dump,' involves investors capitalizing on the hype surrounding Trump's ventures.
Truth Social, often referred to as a 'meme' stock, has garnered significant attention since its launch. Speculators are taking advantage of this buzz by investing in the platform with hopes of quick profits.