Often overlooked aspect of $DWAC is the extraordinarily low number of shares in the float of 28.89M according to marketwatch.com: https://www.marketwatch.com/investing/stock/dwac?mod=search_symbol
To provide some perspective on this look at the number of Trump voters in 2020 of ~74M. Assuming that 25% of Trump voters actually buy some of $DJT and adding another 25M voters for 2024, we end up with 29M shares/24.75M buyers, or only 1.17 shares per "Trump fan/buyer". There is built in scarcity if "fake share" creation can be minimized or eliminated. (99M * 0.25 = 25M). And yes, I used 24.75 to get a "17"...hehe.
There is some convertible debt and warrants (convertible to shares) that would need to be added in for numbers to be completely accurate here, but there is still significant scarcity here with very large potential demand.
Often overlooked aspect of $DWAC is the extraordinarily low number of shares in the float of 28.89M according to marketwatch.com: https://www.marketwatch.com/investing/stock/dwac?mod=search_symbol
To provide some perspective this look at the number of Trump voters in 2020 of ~74M. Assuming that 25% of Trump voters actually buy some of $DJT and adding another 25M voters for 2024, we end up with 29M shares/24.75M buyers, or only 1.17 shares per "Trump fan/buyer". There is built in scarcity if "fake share" creation can be minimized or eliminated. (99M * 0.25 = 25M). And yes, I used 24.75 to get a "17"...hehe.
There is some convertible debt and warrants (convertible to shares) that would need to be added in for numbers to be completely accurate here, but there is still significant scarcity here with very large potential demand.
Often overlooked aspect of $DWAC is the extraordinarily low number of shares in the float of 28.89M according to marketwatch.com: https://www.marketwatch.com/investing/stock/dwac?mod=search_symbol
To provide some perspective this look at the number of Trump voters in 2020 of ~74M. Assuming that 25% of Trump voters actually buy some of $DJT and adding another 25M voters for 2024, we end up with 29M shares/24M buyers, or only 1.2 shares per "Trump fan/buyer". There is built in scarcity if "fake share" creation can be minimized or eliminated. (96M * 0.25 = 24M).
There is some convertible debt and warrants (convertible to shares) that would need to be added in for numbers to be completely accurate here, but there is still significant scarcity here with very large potential demand.