Can anyone explain to me the value of the DJT digital token? Future value? The release I have read seems to imply no value at least not current value.
Has anyone signed up to receive the digital tokens? If so, how?
Can anyone explain to me the value of the DJT digital token? Future value? The release I have read seems to imply no value at least not current value.
Has anyone signed up to receive the digital tokens? If so, how?
It’s being issued as a dividend. The theory is it will expose naked shorting beyond the available float.
The shorts must make the true owners of the stock whole by giving them the token. The only way to get the token is from the company issuing it.
If there aren’t enough tokens, it proves the market as fugazi.
The one thing I can say is that it seems very geared towards shareholder validation. That is, being able to validate someone as a shareholder or not. I think it's an open question if the current position will also be associated with the token. If it is--that is a huge deal.
I don't think there's any inherent value to the token itself, it just would prove you own the shares.
Think of it as your shareholder ID.
https://truthsocial.com/group/$djt/posts/116008690637801260
It's an image or I would've posted the text.
I don't think the utility token and the digital token are the same things.
The digital token is being issued based on the share of DJT stock you hold from what I gather. I am trying to find out how to make sure I will get the digital tokens. I think it may be automatic based on the owning the stock on the date of record, but my stock is held through an investment account. I am just trying to make sure I receive the tokens through that investment account/company.
I see this comment on Truth Social about the tokens, but I'm not sure exactly what is meant by it.
I forgot about my DJT stock when Trump switched to pumping out meme coins and digital trading cards instead of bringing value to a company / stock tied to his own name. Not sure what the point of the token is but maybe one day my $DJT will be worth what I paid for it.