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Speculators Betting On Truth Social 'Meme' Stock

Illustration shows Truth social network logo and display of former U.S. President Donald Trump

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.

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