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Benzinga
Benzinga
Business
Chris Katje

Truth Social App Downloads Dropping: Will It Hurt The Trump SPAC Price?

SPAC Truth Social Donald Trump Nasdaq Rumble DWAC Wrap

A social media platform from former President Donald Trump was launched with a ton of hype and saw strong downloads initially. A new report shows interest could be waning, which could impact a SPAC.

What Happened: Downloads of Truth Social have dropped by 93% since the first week the app was available, according to a report from The Wrap.

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